| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072347 | Games and Economic Behavior | 2011 | 9 Pages |
Abstract
The other demand game allows for probabilistic continuation in cases of infeasible joint demands. Specifically, with probability (1âp) the game terminates and the players receive their disagreement payoffs; but with probability p the game continues to a second stage in which one of the two incompatible demands is randomly selected and implemented. Surprisingly, the Kalai-Smorodinsky solution is always the outcome of the most robust equilibrium of this game. Moreover, ranking other solution concepts is impossible.
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Authors
Nejat Anbarci, John H. III,