The von Neumann-Morgenstern stable sets for 2x2 games
AbstractWe analyze the von Neumann and Morgenstern stable sets for the mixed extension of 2 2 games when only single profitable deviations are allowed. We show that the games without a strict Nash equilibrium have a unique vN&M stable set and otherwise they have infinite sets.
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Bibliographic InfoPaper provided by Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I in its series IKERLANAK with number Ikerlanak;2012-65.
Date of creation: Nov 2012
Date of revision:
Postal: Dpto. de Fundamentos del Análisis Económico I, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-12-15 (All new papers)
- NEP-GTH-2012-12-15 (Game Theory)
- NEP-MIC-2012-12-15 (Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Antoni Calvó-Armengol, 2003. "The Set of Correlated Equilibria 2 x 2 Games," Working Papers 79, Barcelona Graduate School of Economics.
- Noritsugu Nakanishi, 2001. "On the existence and efficiency of the von Neumann-Morgenstern stable set in a n-player prisoners' dilemma," International Journal of Game Theory, Springer, vol. 30(2), pages 291-307.
- Von Stengel, Bernhard, 2002. "Computing equilibria for two-person games," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 3, chapter 45, pages 1723-1759 Elsevier.
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