Discretization of information collecting situations and continuity of compensation rules

R. Brânzei, F. Scotti, S. Tijs and A. Torre

Mathematical Methods of Operations Research, 2003, vol. 57, issue 2, 299-308

Abstract: A canonical procedure is described, which associates to each infinite information collecting situation a related information collecting situation with finite state and action spaces, in such a way that the two corresponding IC-games are near to each other. Compensations for informants are then also near to each other in the two IC-situations, if they are based on continuous compensation rules. Copyright Springer-Verlag Berlin Heidelberg 2003

Keywords: Key words: Bi-monotonic allocation scheme; Cooperative game; Core; Discretization; Information collecting situation, (search for similar items in EconPapers)
Date: 2003
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DOI: 10.1007/s001860200244

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