02/11/2000
The Top Cycle And Uncovered Solutions for Abstract Games: Axiomatic Characterizations
Lahiri Somdeb
Working Papers
In this paper we consider binary relations which are reflexive and complete. Such binary relations are referred to in the literature as abstract games. Given an abstract game a (game)solution is a function which associates to each subset a non-empty collection of points of the subset. In this paper we provide axiomatic characterizations of the top cycle and uncovered solutions for abstract games. In a final section of the paper, the similarity between a game solution and a choice function of classical rational choice theory is exploited to axiomatically characterize the top cycle and uncovered choice functions.