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We consider parameterized collections of games without side payments and determine a bound on epsilon so that all sufficiently large games in the collection have non-empty epsilon-cores. The required size of epsilon depends on: (a)the number of approximate player types and the accuracy of this...
Persistent link: https://www.econbiz.de/10005168489
We introduce the concept of a parameterized collection of games with limited side payments, ruling out large transfers of utility. Under the assumption that the payoff set of the grand coalition is convex, we show that a large game with limited side payments has a non-empty epsilon-core. Our...
Persistent link: https://www.econbiz.de/10005168507