Conservative Stable Standards of Behavior and φ-Stable Sets

Xiao Luo

Theory and Decision, 2006, vol. 60, issue 4, 395-402

Abstract: Within Luo’s (2001, J. Math. Econ. 36, 95–109) framework of a general system, I establish an equivalence theorem for the conservative stable standard of behavior (CSSB for short) developed by J. Greenberg (“The Theory of Social Situation: An Alternative Game-Theoretic Approach,â€\x9D Cambridge University Press, 1990). It is shown that a standard of behavior for a situation is a CSSB if, and only if, its graph is a φ-stable set for the associated general system. Copyright Springer 2006

Keywords: social situations; CSSBs; general systems; φ-stable sets; C70 (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1007/s11238-005-4749-8

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