Accession Number : AD0436767

Title :   A PRICE LEADERSHIP METHOD FOR SOLVING THE INSPECTOR'S NON-CONSTANT-SUM GAME,

Corporate Author : PRINCETON UNIV N J

Personal Author(s) : Maschler,Michael

Report Date : 05 SEP 1963

Pagination or Media Count : 56

Abstract : An inspector's game is a non-constant sum 2person game in which one player has promised to perform a certain duty a5d the other player is allowed to occasionally inspect and verify 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 threat by explicitly saying that he will not keep his word. (Author)

Descriptors :   (*ECONOMICS, GAME THEORY), (*GAME THEORY, COSTS), LEADERSHIP, DECISION MAKING

Distribution Statement : APPROVED FOR PUBLIC RELEASE