We extend the consistency principle for strategic games (Peleg and Tijs (1996)) to apply to solutions which assign to each game a collection of product sets of strategies. Such solutions turn out to satisfy desirable properties that solutions assigning to each game a collection of strategy profiles lack. Our findings lead us to propose a new direction for normative game theory.
- Normative game theory
- Self- enforcing recommendation
- Set-valued solution
ASJC Scopus subject areas
- Management Science and Operations Research