Abstract
We replicate the “Multiple-partners game” of Sotomayor (1992) to yield a sequence with infinitely many terms. Each term, with more than one stage, is endowed with a structure of subgames given by the previous terms. The concepts of sequential stability and of perfect competitive equilibrium are introduced and characterized. We show that there is a subsequence, such that, for all its terms, these concepts, as well as the traditional concepts of stability and of competitive equilibrium, lead to the same set of allocations, which may be distinct of the core. This not always hold for the terms out of that subsequence.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
