[EM] group strategy equilibria
Steve Eppley
seppley at alumni.caltech.edu
Mon Aug 23 18:29:21 PDT 2004
James G-A asked:
> Steve, you wrote:
-snip-
>> And Myerson-Weber equilibria have been
>> written about many times in this maillist.
>
> Correct me if I'm wrong... These have to do with the
> probability that a given vote will have such-and-such
> an effect, times the marginal utility of that effect...
> Am I even close??
Yes, that's part of it, but isn't that true of all
strategy calculations?
Even if I had more time, I wouldn't want to attempt to
explain the M-W eqs without first refreshing my own memory;
I'd surely mangle it. Sorry to be so unhelpful, and
I hope someone else will wade in.
--Steve
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