New Equilibrium Theory Solves Game Strategy Complexity, Redefines Group Dynamics
The article introduces a new way to analyze games where players work together in groups. The researchers found that in these games, certain equilibria can prevent players from teaming up to change their strategies. They also discovered that in games that repeat over time, there are specific rules that can support the best outcomes. The study shows that complex strategies involving joint actions and renegotiations may not always be necessary for successful outcomes in these types of games.