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that the existence of strongly stable networks is equivalent to core existence in a derived cooperative game and use that …
Persistent link: https://www.econbiz.de/10005135119
. The minimal (for inclusion) dominant set is non-empty and for a game with a non-empty coalition structure core, the … minimal dominant set returns this core. …
Persistent link: https://www.econbiz.de/10005062371
-stable set, a core-like concept, is nonempty and can be approached through an algorithm. The usual core may be empty. The setwise … of core-like solutions, besides the setwise-stable set. …
Persistent link: https://www.econbiz.de/10005062394
cores the core can be reached in a bounded number of proposals and counterproposals. Our result is more general than this …
Persistent link: https://www.econbiz.de/10005407616
effect, the core is nonempty when coalition feasible sets are monotonic and players' preferences over public goods have … connected support. All core allocations consist of connected coalitions and they are Tiebout equilibria as well. We also examine …
Persistent link: https://www.econbiz.de/10005550914
does not hold for optimistic players. We propose a new core concept to overcome this puzzle and provide numerical …
Persistent link: https://www.econbiz.de/10005550950
, generically, core points exist; that is, to determine when the core exists in other than highly contrived settings. As known, the … subtle, critical error in their proofs. The sharp dimensional values along with results about the structure of the core are …
Persistent link: https://www.econbiz.de/10005556932
Conventional wisdom tells us that with no market failure and local non- satiation of preferences, the core is at least … remains efficient, but no longer need be in the core. …
Persistent link: https://www.econbiz.de/10005560986
apply them in the characterization of two solution concepts. One is Wilson's (1978) Coarse Core and the other is a … subsolution of it which we call the Coarse+ Core. …
Persistent link: https://www.econbiz.de/10005118523
We consider partition function games and introduce new defini-tions of the core that include the effects of … generalised concept of the core. The result is a recursive definition of the core where residual subgames are considered as games …
Persistent link: https://www.econbiz.de/10005118525