Strategic Consensus Aidt, Toke S.; Dutta, Jayasri

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Authors
Aidt, Toke S. ; Dutta, Jayasri
Appears In
The Journal of Mathematical Economics
Subjects
Equilibrium (Economics) -- Forecasts and trends; Equilibrium (Economics) -- Analysis; Forecasts, trends, outlooks
Audience
Academic
Summary
Equilibrium retention rules in a dynamic common agency game are studied. All equilibrium paths exhibiting strategic consensus are demonstrated, where the agent takes the actions that satisfy the performance standards of all principals, and all principals lower their standards such that the agent wants to satisfy them.
Bookmark
http://trove.nla.gov.au/work/815
Work ID
815

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