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van den Brink, J., van der Laan, G., and Moes, N. (2013d). A strategic implementation of the average tree solution for cycle-free graph games. Journal of Economic Theory, 148(6):2737-2748.


  • Journal
    Journal of Economic Theory

In this note we provide a strategic implementation of the Average Tree solution for zero-monotonic cycle-free graph games. That is, we propose a non-cooperative mechanism of which the unique subgame perfect equilibrium payoffs correspond to the average hierarchical outcome of the game. This mechanism takes into account that a player is only able to communicate with other players (i.e., to make proposals about a division of the surplus of cooperation) when they are connected in the graph. © 2013 Elsevier Inc.