Karl Menger and Oskar Morgenstern: Early deontic logic as a source of inspiration for cooperative game theory

Daniel Eckert ()
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Daniel Eckert: University of Graz, Austria

No 2026-15, Graz Economics Papers from University of Graz, Department of Economics

Abstract: In this note we make the claim that Karl Menger's "Logic of Ethics" in his 1934 monograph "Moral, Wille und Weltgestaltung" was not only a souce of methodological inspiration for Oskar Morgenstern's contribution to the development of game theory, but can actually be considered an anticipation of a game theoretic approach to coalition formation known today as hedonic games.

Keywords: ethics; coalition formation; game theory; partitions; cooperative game theory; hedonic games (search for similar items in EconPapers)
JEL-codes: B23 C71 (search for similar items in EconPapers)
Date: 2026-08
New Economics Papers: this item is included in nep-gth, nep-his and nep-hpe
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