Bondareva-Shapley theorem English

Meaning Bondareva-Shapley theorem meaning

What does Bondareva-Shapley theorem mean?

Bondareva-Shapley theorem properNoun

— (game theory) A theorem that describes a necessary and sufficient condition for the non-emptiness of the core of a cooperative game in characteristic function form. The game's core is non-empty if and only if the game is balanced.