Strategic complements, substitutes, and Ambiguity: the implications for public goods.
type: Item
instance of: scholarly article
title: Strategic complements, substitutes, and Ambiguity: the implications for public goods.
zbMATH Open document ID: 1038.91003
author: Jürgen Eichberger
author: D. Kelsey
published in: Journal of Economic Theory
publication date: 2003-04-02T00:00:00Z
review text: The paper is mainly concerned with comparative statics in symmetric \(n\)-players games having aggregate externalities. In this context, the authors examine how the ambiguity interacts with the properties of strategic substitutes and complements in games. Thus, one shows that in the games with strategic substitutes and positive externalities, increasing ambiguity has the effect of increasing the strategy played in symmetric equilibrium and in the class of games with at least three Nash equilibria the strategic complementarities are sufficiently strong to generate multiple equilibria. Some economic applications, the immediate implications for public goods further applications and significant conclusions are also considered in this research paper under appropriate references.
Mathematics Subject Classification ID: 91A10
Mathematics Subject Classification ID: 91A06
Mathematics Subject Classification ID: 91B18
zbMATH DE Number: 1891526
zbMATH Keywords: ambiguity
zbMATH Keywords: strategic complements
zbMATH Keywords: public goods
zbMATH Keywords: Choquet integral
zbMATH Keywords: free rider.
reviewed by: Vasile Postolică
MaRDI profile type: Publication
full work available at URL: jeth.2001.2898
OpenAlex ID: W2092472309
Wikidata QID: Q57918136
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DBLP publication ID: journals/jet/EichbergerK02
DOI: 10.1006/JETH.2001.2898
description: scientific article; zbMATH DE number 1891526