TRANSFORMING GAMES FROM CHARACTERISTIC INTO NORMAL FORM

Gianfranco Gambarelli ()
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Gianfranco Gambarelli: Department of Mathematics, Statistics, Computer Science and Applications, University of Bergamo via dei Caniana 2, 24127 Bergamo, Italy

International Game Theory Review (IGTR), 2007, vol. 09, issue 01, 87-104

Abstract: A technique is proposed to represent games in characteristic function form as games in normal form, enabling the former to exploit the concepts of solution of the latter. A new solution for games in characteristic function form is then introduced and some properties are found. A generalization of a result of von Neumann and Morgenstern is thus obtained.

Keywords: TG-solution; characteristic function; pareto Optimality; Nash equilibria (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (4)

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DOI: 10.1142/S0219198907001291

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