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This is a response to "Resolution of a Paradox: Mini-Max Rehabilitation," by P. T. Taylor, which appeared in Management Science 19 (1972), pp. 466-467, and "Some Further Thoughts on the Minimax Principle," by Morton Davis, which is appearing in this issue of Management Science.
Persistent link: https://www.econbiz.de/10009208556
If certain information is given about the "psychology" of the players who participate in an n-person cooperative game, concerning their bargaining abilities, their moral codes, their roles in the various coalitions and their a priori expectations, then it is possible to define a measure for the...
Persistent link: https://www.econbiz.de/10009190398