Potentials in social environments

Thomas Demuynck; P. Jean-Jacques Herings; Christian Seel

doi:10.26481/umagsb.2023013

Potentials in social environments

Thomas Demuynck, P. Jean-Jacques Herings, Christian Seel

Research output: Working paper / Preprint › Working paper

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Abstract

We develop and extend notions of potentials for normal-form games (Monderer and Shapley, 1996) to present a unified approach for the general class of social environments. The different potentials and corresponding social environments can be ordered in terms of their permissiveness. We classify different methods to construct potentials and we characterize potentials for specific examples such as matching problems, vote trading, multilateral trade, TU games, and various pillage games.

Original language	English
Place of Publication	Maastricht
Publisher	Maastricht University, Graduate School of Business and Economics
Number of pages	46
DOIs	https://doi.org/10.26481/umagsb.2023013
Publication status	Published - 7 Sept 2023

Publication series

Series	GSBE Research Memoranda
Number	013
ISSN	2666-8807

JEL classifications

c70 - Game Theory and Bargaining Theory: General
c71 - Cooperative Games

Keywords

potential games
social environments

Access to Document

10.26481/umagsb.2023013

RM23013Final published version, 658 KB

Cite this

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