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Publications

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  • 1982
  • Article

The Contraction Mapping Approach to the Perron-Frobenius Theory: Why Hilbert's Metric?

By: Elon Kohlberg and John W. Pratt
Keywords: Theory; Measurement and Metrics
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  • Article

Games of Threats

By: Elon Kohlberg and Abraham Neyman
A game of threats on a finite set of players, N, is a function d that assigns a real number to any coalition, S ⊆ N, such that d(S) = -d(N\S). A game of threats is not necessarily a coalitional game as it may fail to satisfy the condition d(Ø) = 0. We show that analogs... View Details
Keywords: Shapley Value; Coalitional Game; Game Theory; Mathematical Methods
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  • 1976
  • Article

The Asymptotic Theory of Stochastic Games

By: Truman F. Bewley and Elon Kohlberg
Keywords: Games, Gaming, and Gambling; Theory
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  • 2014
  • Working Paper

The NTU-Value of Stochastic Games

By: Elon Kohlberg and Abraham Neyman
Since the seminal paper of Shapley, the theory of stochastic games has been developed in many different directions. However, there has been practically no work on the interplay between stochastic games and cooperative game theory. Our purpose here is to make a first... View Details
Keywords: Strategy; Game Theory
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  • 1992
  • Working Paper

On the Rationale for Perfect Equilibrium

By: Elon Kohlberg and P. Reny
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  • August 1974
  • Journal Article

Equally Distributed Correspondences

By: Elon Kohlberg and S. Hart
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  • 1982
  • Article

Equilibrium in a Simple Price Location Model

By: Elon Kohlberg and William Novshek
Keywords: Price
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  • Article

A Strong Law of Large Numbers for Nonexpansive Vector-Valued Stochastic Processes

By: Elon Kohlberg and Abraham Neyman
Keywords: Law
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  • 1978
  • Article

On Stochastic Games with Stationary Optimal Strategies

By: Truman F. Bewley and Elon Kohlberg
Keywords: Games, Gaming, and Gambling; Strategy
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  • September 1986
  • Article

On the Strategic Stability of Equilibria

By: Elon Kohlberg and Jean Francois Mertens
Keywords: Strategy; Balance and Stability
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  • 1996
  • Working Paper

Independence on Relative Probability Spaces and Consistent Assessments in Game Trees

By: Elon Kohlberg and Philip J. Reny
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  • 1989
  • Chapter

The Future Evolution of the Central Office Switching Industry

By: Jerry A. Hausman and Elon Kohlberg
Keywords: Innovation and Invention; Communication Technology; Forecasting and Prediction; Telecommunications Industry
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  • August 1997
  • Article

Independence on Relative Probability Spaces and Consistent Assessments in Game Trees

By: Elon Kohlberg and Philip J. Reny
Keywords: Games, Gaming, and Gambling
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  • 2007
  • Working Paper

Correlated Equilibrium and Nash Equilibrium as an Observer's Assessment of the Game

By: John Hillas, Elon Kohlberg and John W. Pratt
Noncooperative games are examined from the point of view of an outside observer who believes that the players are rational and that they know at least as much as the observer. The observer is assumed to be able to observe many instances of the play of the game; these... View Details
Keywords: Decision Choices and Conditions; Game Theory; Cooperation
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    Henry R. Kravis

    Kravis, along with his partners Kohlberg and Roberts, was instrumental in legitimizing the use of leveraged buy-outs for underperforming organizations. Kravis did not just specialize in orchestrating LBOs, he constantly pushed the... View Details
    Keywords: Finance
    • 31 Jan 2017
    • First Look

    First Look at New Research: January 31, 2017

    payments for the precise determination of a ship’s longitude. However, the prize did not prohibit patenting. We use a new dataset of marine chronometer inventors to show that the propensity to patent was high. We argue that while the prize spurred entry View Details
    Keywords: Carmen Nobel
    • 01 Dec 2015
    • News

    Bridging Past, Present, and Future

    and it’s also where I met Marc and many other lifelong friends,” says Doft, CEO of Highline Capital Management LLC. Reflecting on a class campaign that was notable for broad participation and substantial donation levels—the most ever raised View Details
    • 26 Jan 2021
    • News

    Numbers Talk at Tesla

    When Zachary Kirkhorn (MBA 2013) became CFO of Tesla in early 2019, few envied him. The electric carmaker had just reduced headcount by 7 percent. Tesla needed to cut costs and its vehicle prices to avoid bankruptcy, CEO View Details
    Keywords: finance; automotive; manufacturing; innovation; Manufacturing
    • 01 Oct 1996
    • News

    Starting Now — Bruce Wasserstein (MBA 1971)

    In the high-powered, high-stakes world of mergers and acquisitions, Bruce Wasserstein is considered something of a legend. He was the wunderkind who helped make First Boston Corporation a leader in M&A in the early 1980s -- and then shook up the business world View Details
    Keywords: Marguerite Rigoglioso, with Elizabeth McNair
    • 01 Dec 2017
    • News

    Ask the Expert: Human Intelligence

    illustration by Taylor Callery illustration by Taylor Callery Artificial intelligence is not a replacement for the human brain. At least not yet. “That is decades away,” says Rudina Seseri (MBA 2005),... View Details
    Keywords: April White