On the cores of cooperative games and the stability of the Weber set

On the cores of cooperative games and the stability of the Weber set

0.00 Avg rating0 Votes
Article ID: iaor19982914
Country: Germany
Volume: 26
Issue: 4
Start Page Number: 491
End Page Number: 499
Publication Date: Jan 1997
Journal: International Journal of Game Theory
Authors: ,
Abstract:

In this paper conditions are given guaranteeing that the Core equals the D-core (the set of unDominated imputations). Under these conditions, we prove the non-emptiness of the intersection of the Weber set with the imputation set. This intersection has a special stability property: it is externally stable. As a consequence we can give a new characterization for the convexity of a cooperative game in terms of its stability (von Neumann–Morgenstern solutions) using the Weber set.

Reviews

Required fields are marked *. Your email address will not be published.