The results are presented from several experiments. They include the selection of points in the core, interpersonal …

both coalition partners and the potentially generated resource. We prove that group learning leads with probability one to … complete cooperation and a strictly self-enforcing allocation (i.e., in the interior of the core). Highlighting group dynamics …

I prove an "average" version of the Lyapunov convexity theorem and apply it to establish some core equivalence results …

Three variations of the core of a market game representing an exchange economy are considered and compared. The … possibility for utilizing the Walrasian core to reflect certain monetary phenomena is noted. …

In this paper we examine the structure of the core of a trading economy with three competitive equilibria as the number … of traders (N) is varied. We also examine the sensitivity of the multiplicity of equilibria and of the core to variations … in individual initial endowments. Computational results show that the core first splits into two pieces at N = 5 and then …

assumes that the agents have complete information, and examines core outcomes. We formulate a notion of stable outcomes in …