Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072411 | Games and Economic Behavior | 2010 | 11 Pages |
Abstract
Because it relies on the irreducible cost matrix, the folk solution ignores interpersonal differences in relevant connecting costs. We propose alternative solutions, some of them arbitrarily close to the folk solution, to resolve this difficulty.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Anna Bogomolnaia, Hervé Moulin,