A Noncooperative Interpretation of Value and Potential
Sergiu Hart and Andreu Mas-Colell
Abstract
Given a (TU or NTU) game in characteristic form, an auxiliary
two-person zero-sum game is presented, whose minimax = maximin
value is precisety the potential of the game. In the auxiliary
game, one of the players tries to buy off the players of the
original game by choosing the order in which to approach them,
while the other player sets the price of those players so as to
make the expense incurred as high as possible.
-
Rational Interaction, Reinhard Selten (editor), Springer-Verlag
(1992), 83-93