CHANDER, Parkash - Center for Operations Research and Econometrics (CORE), … - 2010
This paper introduces a core concept, called the γ-core, in the primitive framework of a strategic game. For a certain … coalition forms if the γ-core is nonempty. This is a weaker sufficient condition than the previous such condition (Maskin (2003 …, Theorem 4)). As an application of this result, it is shown that the γ- core of an oligopolistic market is nonempty and thus …