Fuzzy cores and fuzzy balancedness

Fuzzy cores and fuzzy balancedness

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Article ID: iaor20133815
Volume: 77
Issue: 2
Start Page Number: 131
End Page Number: 146
Publication Date: Apr 2013
Journal: Mathematical Methods of Operations Research
Authors: ,
Keywords: game theory
Abstract:

We study the relation between the fuzzy core and balancedness for fuzzy games. For regular games, this relation has been studied by Bondareva (1963) and Shapley (1967). First, we gain insight in this relation when we analyse situations where the fuzzy game is continuous. Our main result shows that any fuzzy game has a non‐empty core if and only if it is balanced. We also consider deposit games to illustrate the use of the main result.

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