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the unique welfare distribution that is core-stable and satisfies the condition that no agent gets a utility payoff above … has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In case of …
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of ones. We then define the balanced-core as a refinement ofthe core. A payoff vector lies in the balanced-core if it … lies in the core andthe payoff vector is an element of payoff sets of all graphs in some balanced collection ofgraphs. We … prove that any balanced graph game has a nonempty balanced-core.We conclude by some examples showing the usefulness of the …
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This paper associates a strategic n-person game with a given transferable utility game and studies its Nash equilibria. Strict equilibria in this model characterize those divisions of social surplus that can become conventions in the sense of Young (1993). It is shown that even in relatively...
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stable solutions of a multiple partners matching game in two different ways and perform a study on the core of the … the existence of a stable solution and the non-emptiness of the core, which holds in the other models with payments, is no …
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shown that the core of a TU-game coincides with the core of the corresponding minimal rights game. Moreover, the paper … introduces the notion of the k-core cover as an extension of the core cover. The k-core cover of a TU-game consists of all … minimal rights game. It is shown that the core of a TU-game with player set N coincides with the L|N |/2-̦core cover …
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