Convex vNM-Stable Sets for linear production games

Joachim Rosenmüller and Benyamin Shitovitz
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Joachim Rosenmüller: Center for Mathematical Economics, Bielefeld University
Benyamin Shitovitz: Center for Mathematical Economics, Bielefeld University

No 396, Center for Mathematical Economics Working Papers from Center for Mathematical Economics, Bielefeld University

Abstract: We characterize convex vNM-Stable Sets according to von Neumann and Morgenstern for orthogonal linear production games with a continuum of players. The results of Rosenmüller & Shitovitz [International journal of game theory 29 (2000), pp. 39-61] are thereby substantially improved. Simultaneously, this is a corrigendum concerning the proof of a lemma in our first paper.

Keywords: Coalitional function; Cooperative game theory; Linear production games; vNM-stable set (search for similar items in EconPapers)
Date: 2011-08-15
New Economics Papers: this item is included in nep-gth
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