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An ordinal minimax theorem

Abstract:
In the early 1950s Lloyd Shapley proposed an ordinal and set-valued solution concept for zero-sum games called weak saddle. We show that all weak saddles of a given zero-sum game are interchangeable and equivalent. As a consequence, every such game possesses a unique set-based value.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1016/j.geb.2015.12.010

Authors


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Institution:
University of Oxford
Department:
Oxford, MPLS, Computer Science
Suksompong, W More by this author
Alexander von Humboldt Foundation More from this funder
MIT-Germany More from this funder
Publisher:
Elsevier Publisher's website
Journal:
Games and Economic Behavior Journal website
Volume:
95
Pages:
107-112
Publication date:
2016
DOI:
ISSN:
1090-2473
URN:
uuid:b75914d4-5ebf-4f72-95e9-696b996aae0f
Source identifiers:
590873
Local pid:
pubs:590873

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