Published in:CESifo Working Paper Series ; No. 3060
Extent:
1 Online-Ressource (29 p)
Language:
English
DOI:
10.2139/ssrn.1618194
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2010 erstellt
Description:
We set out a model of production and appropriation involving many players, who differ with respect to both resource endowments and productivities. We write down the model in a novel way that permits our analysis to avoid the proliferation of dimensions associated with the best response function approach as the number of heterogeneous players increases. We establish existence of a unique equilibrium in pure strategies, and carry out some comparative static exercises