The testable implications of zero-sum games

被引:9
作者
Lee, SangMok [1 ]
机构
[1] CALTECH, Div Humanities & Social Sci, Pasadena, CA 91125 USA
关键词
Interchangeability; Nash-rationalizability; Revealed preference; Zero-sum game; COLLECTIVE CHOICE; REVEALED PREFERENCE;
D O I
10.1016/j.jmateco.2011.11.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study collective choices from the revealed preference theory viewpoint. For every product set of individual actions, joint choices are called Nash-rationalizable if there exists a preference relation for each player such that the selected joint actions are Nash equilibria of the corresponding game. We characterize Nash-rationalizable joint choice behavior by zero-sum games, or games of conflicting interests. If the joint choice behavior forms a product subset, the behavior is called interchangeable. We prove that interchangeability is the only additional empirical condition which distinguishes zero-sum games from general non-cooperative games. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:39 / 46
页数:8
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