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| Author: | Garratt, R. Qin, C. |
| Title: | On market games when agents cannot be in two places at once |
| Journal: | Games and Economic Behavior
2000 : MAY, VOL. 31:2, p. 165-173 |
| Index terms: | GAMES ECONOMIC BEHAVIOUR MARKETS |
| Language: | eng |
| Abstract: | The authors consider markets in which agents supply their time or the services of a capital good and the duration of the market is limited. The authors show that a coalitional game can be generated by such a market if the characteristic function of the game is superadditive. In the specification of a market, the physical process of trade is usually ignored. However, various aspects of the trading process can be important in determining which allocation are feasible in the market. |
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