Convexity of production, common pool and oligopoly games: a survey
THEO S. H. DRIESSEN, Holger Ingmar Meinhardt
Abstract
Open-access reader
THEO S. H. DRIESSEN, Holger Ingmar Meinhardt
Abstract
Open-access reader
The paper surveys a uniform proof technique of the convexity property for three different cooperative TU games arising from three different economical settings. The production economy, common pool situation and oligopoly framework involve a cost function,
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The paper surveys a uniform proof technique of the convexity property for three different cooperative TU games arising from three different economical settings. The production economy, common pool situation and oligopoly framework involve a cost function,
Key concepts: Convexity, Oligopoly, Production (economics), Function (biology), Property (philosophy), Mathematical economics, Microeconomics, Economics