In a strategic coalitional game, we consider the relations among four cores α, β, γ, and the one we call δ which is obtained by slightly weakening the conjectural cooperative equilibria due to Currarini and Marini. We show that the α-core and the γ-core are refined by the δ-core; and,...

As the demand for natural resources intensifies so too the costs of further exploitation of these resources become enormous. These enormous costs in turn require the development of a given resource to be a cooperative venture among several participants, each of whom must be assured that the...