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This paper focuses on the role that social norms play in the selection of equilibrium points seen as social conventions under unforeseen contingencies - that is, their role in the emergence of regularities of behavior which are self-enforcing and effectively adhered to by bounded rational agents...
Persistent link: https://www.econbiz.de/10014064606
We study the relation between the fuzzy core and balancedness for fuzzy games. For regular games, this relation has been studied by Bondareva (1963) and Shapley (1967). First, we gain insight in this relation when we analyse situations where the fuzzy game is continuous. Our main result shows...
Persistent link: https://www.econbiz.de/10014181648
We study the relation between the fuzzy core and balancedness for fuzzy games. For regular games, this relation has been studied by Bondareva (1963) and Shapley (1967). First, we gain insight in this relation when we analyse situations where the fuzzy game is continuous. Our main result shows...
Persistent link: https://www.econbiz.de/10009152557
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