Theoretical Economics Paper

On economic games which are not necessarily superadditive: solution concepts and application to a local public good problem with 'few' agents (Now published in Economic Letters, No.3 (1979) pp.301-306.)

Roger Guesnerie and C. Oddou

Core-like solution concepts based on stable coalition structures are studied in the context of games which are not necessarily superadditive. It is shown that a simple economic model involving local public goods financed...Read more...