Abstract
In this paper we consider symmetric aggregative games and investigate partial cooperation between a portion of the players that sign a cooperative agreement and the rest of the players. Existence results of partial cooperative equilibria are obtained when the players who do not sign the agreement play a Nash equilibrium game having multiple solutions. Some applications in the supermodular case are discussed.
Original language | English |
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Pages (from-to) | 1465-1473 |
Journal | Economics Bulletin |
Volume | 29 |
Issue number | 2 |
Publication status | Published - 2009 |