Abstract
In this paper, it is shown in an example that the original definition of stable sets in Hillas [Econometrica 58 (1990) 1365-1391] does not satisfy (an even slightly weakenened version of) the invariance condition proposed in Mertens [Ordinality in noncooperative games, Core Discussion Paper 8728, CORE Louvain de la Neuve, Belgium, 1987]. However, it is also shown that the basic stability condition of Hillas underlying his definition of stable sets does admit a selection that is invariant in the strong sense, and even ordinal.
| Original language | English |
|---|---|
| Pages (from-to) | 161-167 |
| Journal | Journal of Mathematical Economics |
| Volume | 36 |
| Issue number | 36 |
| DOIs | |
| Publication status | Published - 1 Jan 2001 |
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