Article ID: | iaor20116140 |
Volume: | 40 |
Issue: | 2 |
Start Page Number: | 393 |
End Page Number: | 401 |
Publication Date: | May 2011 |
Journal: | International Journal of Game Theory |
Authors: | Bhattacharya Anindya, Brosi Victoria |
In this paper we show that every finite‐player game in characteristic function form (not necessarily with side payments) obeying an innocuous condition (that the set of individually rational pay‐off vectors is bounded) possesses a farsighted von‐Neumann–Morgenstern stable set.