CFDP 2053

Martin Shubik and Michael R. Powers, “Cooperative and Noncooperative Solutions, and the ‘Game within a Game’” (October 2016) [35pp, abstract]

Publication Date: October, 2016


In a previous essay, we developed a simple (in)efficiency measure for matrix games. We now address the difficulties encountered in assessing the usefulness and accuracy of such a measure.
Keywords: 2 2 matrix games
JEL Classifications: C63, C72, D61