The Cooperative Solution of Strategic Games and Stochastic Games

Abstract

Building on the work of Nash, Harsanyi, and Shapley, we definea cooperative solution for strategic games that takes account of boththe competitive and the cooperative aspects of such games. We proveexistence in the general (NTU) case and uniqueness in the TU case.Our main result is an extension of the definition and the existence anduniqueness theorems to stochastic games - discounted or undiscounted.