Quasi-cores in bargaining sets

Quasi-cores in bargaining sets

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Article ID: iaor19982901
Country: Germany
Volume: 26
Issue: 3
Start Page Number: 283
End Page Number: 302
Publication Date: Jan 1997
Journal: International Journal of Game Theory
Authors:
Abstract:

We propose a nonempty-valued subsolution of the Mas–Colell Bargaining Set on the class of TU games satisfying grand coalition zero-monotonicity, a weaker condition than superadditivity, zero-monotonicity and balancedness. The subsolution is a slight modification of the Shapley–Shubik Quasi-Core. The Zhou Bargaining Set is a refinement of the Mas–Colell Bargaining Set. We also give a nonempty-valued subsolution of the Zhou Bargaining Set on the class of all TU games satisfying grand coalition superadditivity, a weaker condition than superadditivity and balancedness. This subsolution is a modification of the Zhou Bargaining Set which is described by excesses. These results are examined for TU games with coalition structures.

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