ISSN:
1432-1270
Source:
Springer Online Journal Archives 1860-2000
Topics:
Mathematics
,
Economics
Notes:
Abstract A twenty-one player counterexample is presented which disposes of two questions raised by J. W. Milnor in 1952 concerning the existence of certain pre-solutions, based on plausible lower and upper bounds to what a coalition should expect to receive in a cooperative game in characteristic function form. In the counterexample, the lower-bound set, known as “L”, is empty, and the upper-bound set, known as “D”, contains no efficient outcomes.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01769387
Permalink