Accordingly they were classified into three groups: equilibrium shifting (H2O), reducing (H2) and intermediate supplying (MeOH, EtOH, CH2Cl2).
This is a sequential group reciprocity equilibrium as all players are maximizing their utility.
From now on, we will refer to the sequential group reciprocity equilibrium as SGRE.
Restriction to molecules belonging to the Cs point group at equilibrium allows the use of real arithmetic throughout the program.
We generalize the circumstances in which the outcome where the sum of the material payoffs is maximized is a sequential group reciprocity equilibrium.
We also find that when the payoffs are very asymmetric, the outcome where the sum of the payoffs is maximized is a sequential group reciprocity equilibrium.
We defined a new solution concept, which we call "sequential group reciprocity equilibrium" and analyzed how the outcomes of both games are related.
In this paper, we extend Dufwenberg and Kirchsteiger's model of sequential reciprocity (Games Econ Behav 47(200468–298, 2004) to groups of individuals and define a new "sequential group reciprocity equilibrium" for which we prove its existence.
This paper, as part of continuing study in our research group, reports equilibrium data for different ternary systems of methanol + water + (soybean, corn or brown shell of coconut, here named coconut) biodiesel at 293.15 and 313.15 K at atmospheric pressure.
