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Social choice theory in the case of von Neumann-Morgenstern utilities

✍ Scribed by T. Coulhon; P. Mongin


Publisher
Springer
Year
1989
Tongue
English
Weight
730 KB
Volume
6
Category
Article
ISSN
0176-1714

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Minimality of a solution update in confl
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In a 1944 book that started game theory ~and the mathematical approach to conflict resolution!, von Neumann and Morgenstern proposed the notion of a solution. When the situation changes, the old solution is often no longer a solution, so it needs to be updated. In practical applications, it is usual