The consistency principle for set-valued solutions and a new direction for normative game theory

Martin Dufwenberg, Henk Norde, Hans Reijnierse and Stef Tijs

Mathematical Methods of Operations Research, 2001, vol. 54, issue 1, 119-131

Abstract: 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 profiles lack. Our findings lead us to propose a new direction for normative game theory. Copyright Springer-Verlag Berlin Heidelberg 2001

Keywords: Key words: Consistency; set-valued solution; normative game theory; self-enforcing recommendation (search for similar items in EconPapers)
Date: 2001
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Working Paper: The consistency principle for set-valued solutions and a new direction for normative game theory (2001)
Working Paper: The Consistency Principle for Set-Valued Solutions and a New Direction for Normative Game Theory (1998)
Working Paper: The Consistency Principle for Set-valued Solutions and a New Direction for Normative Game Theory (1998)
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DOI: 10.1007/s001860100154

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