Abstract
Cooperative game theory has produced quite a number of solution concepts for games in characteristic-function form. Among the most important theories are the von Neumann-Morgenstern solution (von Neumann-Morgenstern, 1944), the Shapley-value (Shapley, 1953), the bargaining set (Aumann-Maschler, 1964), and the nucleolus (Schmeidler, 1969). The aim of these and many other solution concepts has been normative, rather than descriptive, even if some primarily descriptive theories like equal-share analysis have been proposed (Selten, 1972).
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© 1988 Springer Science+Business Media Dordrecht
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Selten, R. (1988). A Noncooperative Model of Characteristic-Function Bargaining. In: Models of Strategic Rationality. Theory and Decision Library C, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7774-8_9
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DOI: https://doi.org/10.1007/978-94-015-7774-8_9
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