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Potentials in social environments

  • Thomas Demuynck*
  • , P. Jean-Jacques Herings
  • , Christian Seel
  • *Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

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 matching problems, vote trading, multilateral trade, TU games, and various pillage games.
Original languageEnglish
Pages (from-to)419-440
Number of pages22
JournalGames and Economic Behavior
Volume158
DOIs
Publication statusPublished - 2026

JEL classifications

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

Keywords

  • potential games
  • social environments

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