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| Author: | Solan, E. |
| Title: | Absorbing team games |
| Journal: | Games and Economic Behavior
2000 : MAY, VOL. 31:2, p. 245-261 |
| Index terms: | GAMES ECONOMIC BEHAVIOUR TEAM WORK |
| Language: | eng |
| Abstract: | A team is a group of people having the same motives but possibly different available actions. A team game is a game where two teams face each other. An absorbing game is a repeated game where some of the entries are absorbing, in the sense that once they are chosen the play terminates, and all future payoffs are equal to the payoff at the stage of termination. The author proves that every absorbing team game has an equilibrium payoff and that there are e-equilibrium profiles with cyclic structure. |
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