An ordinal minimax theorem
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.
Main Authors: | , , |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2016
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