Search for a unique Nash equilibrium in two public goods games: mixed integer programming technique

被引:0
|
作者
Suzuki, Kenichi [1 ]
Miyakoshi, Tatsuyoshi [2 ]
Itaya, Jun-ichi [3 ]
Yamanashi, Akitomo [3 ]
机构
[1] Tohoku Univ, Dept Econ, Sendai, Miyagi, Japan
[2] Hosei Univ, Fac Sci & Engn, Tokyo 1848584, Japan
[3] Hokkaido Univ, Econ, Sapporo, Hokkaido, Japan
关键词
mixed integer programming technique; search for unique equilibrium; simulation; appearance rate; PRIVATE PROVISION;
D O I
10.1080/13504851.2022.2075822
中图分类号
F [经济];
学科分类号
02 ;
摘要
We provide the methods for searching for the unique Nash equilibrium using mixed integer programming techniques. We also simulate the model parameters using this technique and derive the numerical solution to show the characteristics of a key player providing both public goods as suggested by Bergstrom et al. (1986). We present two key results. First, when the number of players decreases, the appearance rate of the unique equilibrium accompanying a key player increases. Second, when the variance of the preference or price parameters decreases, the appearance rate of the unique equilibrium accompanying a key player increases.
引用
收藏
页码:1656 / 1660
页数:5
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