Values of Nondifferentiable Vector Measure Games
We introduce ideas and methods from distribution theory into value theory. This novel approach enables us to construct new diagonal formulas for the Mertens value and the Neyman value on a large space of non-differentiable games. This in turn enables us to give an affirmative answer to the question, first posed by Neyman, whether the Mertens value and the Neyman value coincide “modulo Banach limits”? The solution is an intermediate result towards a characterization of values of norm 1 of vector measure games with bounded variation.
|Date of creation:||Mar 2012|
|Date of revision:|
|Contact details of provider:|| Postal: Feldman Building - Givat Ram - 91904 Jerusalem|
Web page: http://www.ratio.huji.ac.il/
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- Mertens, J F, 1988.
"The Shapley Value in the Non Differentiable Case,"
International Journal of Game Theory,
Springer, vol. 17(1), pages 1-65.
- Abraham Neyman & Rann Smorodinsky, 2003. "Asymptotic Values of Vector Measure Games," Discussion Paper Series dp344, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
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