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Karl Menger and Oskar Morgenstern: Early deontic logic as a source of inspiration for cooperative game theory

Author

Listed:
  • Daniel Eckert

    (University of Graz, Austria)

Abstract

In this note we make the claim that Karl Menger's "Logic of Ethics" in his 1934 monograph "Moral, Wille und Weltgestaltung" was not only a souce of methodological inspiration for Oskar Morgenstern's contribution to the development of game theory, but can actually be considered an anticipation of a game theoretic approach to coalition formation known today as hedonic games.

Suggested Citation

  • Daniel Eckert, 2026. "Karl Menger and Oskar Morgenstern: Early deontic logic as a source of inspiration for cooperative game theory," Graz Economics Papers 2026-15, University of Graz, Department of Economics.
    • Handle: RePEc:grz:wpaper:2026-15
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    JEL classification:

    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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