Article ID: | iaor20102045 |
Volume: | 39 |
Issue: | 1 |
Start Page Number: | 171 |
End Page Number: | 175 |
Publication Date: | Mar 2010 |
Journal: | International Journal of Game Theory |
Authors: | Zapechelnyuk Andriy, Tauman Yair |
Aggregate monotonicity of cooperative solutions is widely accepted as a desirable property, and examples where certain solution concepts (such as the nucleolus) violate this property are scarce and have no economic interpretation. We provide an example of a simple four-player game that points out at a class of economic contexts where aggregate monotonicity is not appealing.