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Classification of Two-Person Ordinal Bimatrix Games

Imre Barany, J. Lee and Martin Shubik

No 996, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University

Abstract: The set of possible outcomes of a strongly ordinal bimatrix game is studied by imbedding each pair of possible payoffs as a point on the standard two-dimensional integral lattice. In particular, we count the number of different Pareto optimal sets of each cardinality; we establish asymptotic bounds for the number of different convex hulls of the point sets, for the average shape of the set of points dominated by the Pareto optimal set, and for the average shape of the convex hull of the point set. We also indicate the effect of individual rationality considerations on our results. As most of our results are asymptotic, the appendix includes a careful examination of the important case of 2 x 2 games.

Keywords: Game theory; rationality; preferences (search for similar items in EconPapers)
JEL-codes: C70 C72 (search for similar items in EconPapers)
Pages: 26 pages
Date: 1991-10
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Citations:

Published in International Journal of Game Theory (1992), 21(3): 267-290

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