Article ID: | iaor20133018 |
Volume: | 42 |
Issue: | 2 |
Start Page Number: | 325 |
End Page Number: | 337 |
Publication Date: | May 2013 |
Journal: | International Journal of Game Theory |
Authors: | Arin J |
Young’s theorem implies that every core concept violates monotonicity. In this paper, we investigate when such a violation of monotonicity by a given core concept is justified. We introduce a new monotonicity property for core concepts. We pose several open questions for this new property. The open questions arise because the most important core concepts (the nucleolus and the per capita nucleolus) do not satisfy the property even in the class of convex games.