A VALUE FOR N-PERSON GAMES
Abstract
In the finite theory of von Neumann and Morgenstern difficulty in evaluation persists for the essential games, and for only those. In this paper a value is deduced for the essential case and a number of its elementary properties are examined. A set of three axioms, having simple intuitive interpretations, which suffice to determine the value uniquely serves as a starting point.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 18, 1952
- Accession Number
- AD0604084
Entities
People
- Lloyd Shapley
Organizations
- RAND Corporation