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: | Tijs Stef, Rafels C. |
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.