Title
Cooperation in two person games, revisited
Abstract
Luminaries such as Nash (1953), Raiffa (1953), and Selten (1960), studied cooperation in two-person strategic games. We point out that when players may make monetary side payments, i.e., bimatrix games with transferable utility (TU), all previous solutions coincide. This solution is justified by simple axioms and an elementary decomposition of every such game into a (competitive) zero-sum game and a (cooperative) team game.
Year
DOI
Venue
2011
10.1145/1978721.1978725
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Keywords
Field
DocType
person game,previous solution,elementary decomposition,transferable utility,monetary side payment,team game,two-person strategic game,bimatrix game,zero-sum game,simple axiom,zero sum game
Combinatorial game theory,Mathematical economics,Economics,Microeconomics,Repeated game,Game theory,Transferable utility,Normal-form game,Symmetric game,Sequential game,Non-cooperative game
Journal
Volume
Issue
ISSN
10
1
1551-9031
Citations 
PageRank 
References 
0
0.34
1
Authors
2
Name
Order
Citations
PageRank
Adam Kalai1446.47
Ehud Kalai213544.65