A simple hypergraph H with vertex set X and edge set (Formula presented.) is representable by Von Neumann–Morgenstern (VNM)-stable sets—or VNM—if there exists an irreflexive simple digraph D with vertex set X such that each edge of H is a VNM-stable set of D. It is shown that a simple hypergraph H is VNM if and only if each edge of H is a maximal clique of the conjugation graph of H. A related algorithm that identifies finite VNM hypergraphs is also provided
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