Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7353186 | Games and Economic Behavior | 2018 | 21 Pages |
Abstract
This paper makes three corrections in the literature by restating three little-known and yet still significant contributions of Lloyd Shapley: 1) Shapley (1955), not Gillies, 1953, Gillies, 1959, first defined the core solution; 2) Shapley (1956) first defined and studied the noncooperative solution in multiobjective games; and 3) Shapley (1987) revealed a fundamental error in existing noncooperative game theory.
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Authors
Jingang Zhao,