Article ID Journal Published Year Pages File Type
7353081 Games and Economic Behavior 2018 17 Pages PDF
Abstract
Strategic games are considered where each player's total utility is the sum of local utilities obtained from the use of certain “facilities.” All players using a facility obtain the same utility therefrom, which may depend on the identities of users and on their behavior. If a “trimness” condition is satisfied by every facility, then the game admits an exact potential; conversely, if a facility is not trim, adding it to a potential game may destroy that property. In both congestion games and games with structured utilities, all facilities are trim. Under additional assumptions the potential attains its maximum, which is a Nash equilibrium of the game.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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