Strategic Consensus Aidt, Toke S.; Dutta, Jayasri

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Aidt, Toke S. ; Dutta, Jayasri
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The Journal of Mathematical Economics
Equilibrium (Economics) -- Forecasts and trends; Equilibrium (Economics) -- Analysis; Forecasts, trends, outlooks
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.
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