| 000 -LEADER |
| fixed length control field |
01228nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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230228b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Kim, J., Palfrey, T.R. and Zeidel, J.R. |
| 245 ## - TITLE STATEMENT |
| Title |
Games played by teams of players |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
American Economic Journal: Microeconomics |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
14(4), Nov, 2022: p.122-157 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
We develop a general framework for analyzing games where each player is a team and members of the same team all receive the same payoff. The framework combines noncooperative game theory with collective choice theory, and is developed for both strategic form and extensive form games. We introduce the concept of team equilibrium and identify conditions under which it converges to Nash equilibrium with large teams. We identify conditions on collective choice rules such that team decisions are stochastically optimal: the probability the team chooses an action is increasing in its equilibrium expected payoff. The theory is illustrated with some binary action games. – Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Noncooperative Games, Social Choice; Clubs; Committees; Associations |
| 9 (RLIN) |
37773 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
American Economic Journal: Microeconomics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
GAME THEORY |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |