Document Type
Discussion Paper
Publication Date
5-1-2016
CFDP Number
2039R
CFDP Revision Date
2016-10-01
CFDP Pages
50
Abstract
We offer a detailed examination of a broad class of 2 x 2 matrix games as a first step toward considering measures of resource distribution and efficiency of outcomes. In the present essay, only noncooperative equilibria and entropic outcomes are considered, and a crude measure of efficiency employed. Other solution concepts and the formal construction of an efficiency index will be addressed in a companion paper.
Recommended Citation
Powers, Michael R.; Shubik, Martin; and Wang, Wen, "Expected Worth for 2 × 2 Matrix Games with Variable Grid Sizes" (2016). Cowles Foundation Discussion Papers. 2490.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/2490