Document Type

Discussion Paper

Publication Date

10-1-1991

CFDP Number

996

CFDP Pages

26

Abstract

The set of possible outcomes of a strongly ordinal bimatrix game is studied by imbedding each pair of possible payoffs as a point on the standard two-dimensional integral lattice. In particular, we count the number of different Pareto optimal sets of each cardinality; we establish asymptotic bounds for the number of different convex hulls of the point sets, for the average shape of the set of points dominated by the Pareto optimal set, and for the average shape of the convex hull of the point set. We also indicate the effect of individual rationality considerations on our results. As most of our results are asymptotic, the appendix includes a careful examination of the important case of 2 x 2 games.

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Economics Commons

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