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This paper investigates a class of dynamic selection processes for n-person normal-form games which includes the Brown-von Neumann-Nash dynamics. For (two-person) zero-sum games and for (n-person) potential games every limit set of these dynamics is a subset of the set of Nash-equilibria....
Persistent link: https://www.econbiz.de/10005081052
We extend the consistency principle for strategic games (Peleg and Tijs (1996)) to apply to solutions which assign to each game a collection of product sets of strategies. Such solutions turn out to satisfy desirable properties that solutions assigning to each game a collection of strategy...
Persistent link: https://www.econbiz.de/10005644548
For a collection of subsets of a finite set N we define its core to be equal to the polyhedral cone {x∈IRN: ∑i∈N xi=0 and ∑i∈Sxi\geq0 for all S∈}. This note describes several applications of this concept in the field of cooperative game theory. Especially collections are considered...
Persistent link: https://www.econbiz.de/10005598409
According to Maschler, Peleg and Shapley (1972) the bargaining set of a convex game coincides with its core and the kernel consists of the nucleolus only. In this paper we prove the same properties for [Gamma]-component additive games (= graph restricted games in the sense of Owen (1986)) if...
Persistent link: https://www.econbiz.de/10005155684
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We extend the consistency principle for strategic games (Peleg and Tijs (1996)) to apply to solutions which assign to each game a collection of product sets of strategies. Such solutions turn out to satisfy desirable properties that solutions assigning to each game a collection of strategy...
Persistent link: https://www.econbiz.de/10010759393
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