Article ID: | iaor20013512 |
Country: | Germany |
Volume: | 29 |
Issue: | 3 |
Start Page Number: | 391 |
End Page Number: | 412 |
Publication Date: | Jan 2000 |
Journal: | International Journal of Game Theory |
Authors: | Stefanescu A. |
Uniform competitive solutions are stable configurations of proposals predicting coalition formation and effective payoffs. Such ‘solutions’ exist for almost all properly defined cooperative games and, therefore, can be proposed as substitute of the core. The new existence results obtained in the present paper concern also the case when the coalitional function of a game has empty values. All concepts and results are implemented in the competitive analysis of the exchange economies.