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Selected Works of Lester G Telser
Unpublished Paper
Mixed Strategies and the Core Status
Core Models (2)
  • Lester G Telser
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Abstract
An economy is not a zero sum game. Only a non zero sum game can have a core but this is not enough. An economy must also produce a big enough pie to make no one worse off. A circuit core model explains how this can happen.
Keywords
  • Core Models,
  • Cooperative Games
Disciplines
Publication Date
December 20, 2
Citation Information
Lester G Telser. "Mixed Strategies and the Core Status" Core Models (2)
Available at: http://works.bepress.com/lester_telser/80/