Showing 251 - 260 of 360
We define and discuss Savage games, which are ordinal games of incomplete information set in L. J. Savage's framework of purely subjective uncertainty. Every Bayesian game is ordinally equivalent to a Savage game. However, Savage games are free of priors, probabilities and payoffs. Players'...
Persistent link: https://www.econbiz.de/10011671983
Persistent link: https://www.econbiz.de/10011649261
Persistent link: https://www.econbiz.de/10007186036
Persistent link: https://www.econbiz.de/10014323115
Persistent link: https://www.econbiz.de/10008446403
Persistent link: https://www.econbiz.de/10009291408
Persistent link: https://www.econbiz.de/10007362347
We introduce a combinatorial abstraction of two person finite games in an oriented matroid. We also define a combinatorial version of Nash equilibrium and prove that an odd number of equilibria exists. The proof is a purely combinatorial rendition of the Lemke-Howson algorithm
Persistent link: https://www.econbiz.de/10014059241
We prove Aliprantis, Brown, and Burkinshaw's (1987) theorem on the equivalence of Edgeworth production equilibria and pseudo-equilibria in a more general setting. We consider production economies with unordered preferences and general consumption sets in a vector lattice commodity space. We...
Persistent link: https://www.econbiz.de/10014185750
We define and discuss Savage games, which are ordinal games of incomplete information set in L. J. Savage's framework of purely subjective uncertainty. Every Bayesian game is ordinally equivalent to a Savage game. However, Savage games are free of priors, probabilities and payoffs. Players'...
Persistent link: https://www.econbiz.de/10013063668