The truncated core for games with limited aspirations

We define and study games with limited aspirations. In a game with limited aspirations there are upper bounds on the possible payoffs for some coalitions. These restrictions require adjustments in the definitions of solution concepts. In the current paper we study the effect of the restrictions on the core and define and study the so-called truncated core.

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Year of publication:	2007-10-01
Authors:	van den Nouweland, Anne ; Carpente, Luisa ; Casas-MÃ©ndez, Balbina ; GarcÃa-Jurado, Ignacio
Institutions:	Department of Economics, University of Oregon

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Extent:	application/pdf
Series:	University of Oregon Economics Department Working Papers.
Type of publication:	Book / Working Paper
Notes:	2 pages long
Classification:	C71 - Cooperative Games ; C6 - Mathematical Methods and Programming
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005763187