A PRICE LEADERSHIP METHOD FOR SOLVING THE INSPECTOR'S NON-CONSTANT-SUM GAME.

Abstract

An inspector's game is a non-constant-sum two-person game in which one player has promised to perform a certain duty and the other player is allowed to inspect and verify occasionally that the duty has indeed been performed. A solution to a variant of such a game is given in this paper, based on the assumption that the inspector can announce his mixed strategy in advance, if he so wishes, whereas the other player, who has already given his promise, cannot threaten by explicitly saying that he will not keep his word. (Author)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1966
Accession Number
AD0636513

Entities

People

  • Michael Maschler

Organizations

  • Princeton University

Tags

DTIC Thesaurus Topics

  • Behavior And Behavior Mechanisms
  • Behavioral Disciplines And Activities
  • Behavioral Sciences
  • Cooperation
  • Deployment
  • Group Dynamics
  • Leadership
  • Logistics
  • Military Research
  • Military Tactics

Readers

  • Defense Financial Management and Audit.
  • Economics
  • Game Theory.