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Econometrica, 1953
The following game is considered: let a set \(B\) of pairs \((u_1,u_2)\) of possible payoffs to players 1 and 2 respectively be given. The players choose mixed strategies \(t_i\) (``threats'') independently and inform one another of their choices. Then each of them chooses an amount \(d_i\) (``demands'').
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The following game is considered: let a set \(B\) of pairs \((u_1,u_2)\) of possible payoffs to players 1 and 2 respectively be given. The players choose mixed strategies \(t_i\) (``threats'') independently and inform one another of their choices. Then each of them chooses an amount \(d_i\) (``demands'').
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Solutions for Cooperative Games
Automation and Remote Control, 2002zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Locally lipschitz cooperative games
Journal of Mathematical Economics, 1981A locally Lipschitz cooperative generalized game is described by its coalition worth function v defined on the set [0, 1]n of generalized (or fuzzy) coalitions of n players. We assume that v is positively homogeneous and locally Lipschitz. We propose the Clarke's generalized gradient ∂v(cN) of v at the coalition cN=(1,…,1) of all players as a set of ...
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Cooperative games and cooperative organizations
The Journal of Socio-Economics, 2008It is well known that game theory has two major branches, cooperative and noncooperative game theory. Noncooperative game theory is the better known and more influential of the two. A difference is that cooperative game theory admits of binding agreements to choose a joint strategy in the mutual interest of those who agree.
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1989
The dilemma generated by the bifurcation of ‘rationality’ into individual and collective rationality vanishes, once collective rationality is regarded as the basis of rational decision-making by two or more actors. Psychologically, this paradigm reflects at least a partial fusion of the players’ consciousnesses.
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The dilemma generated by the bifurcation of ‘rationality’ into individual and collective rationality vanishes, once collective rationality is regarded as the basis of rational decision-making by two or more actors. Psychologically, this paradigm reflects at least a partial fusion of the players’ consciousnesses.
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