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polytope is the set of all sharing vectors (elements from the unit simplex) such that each node gets at least as much as each …
Persistent link: https://www.econbiz.de/10005136905
-free communication structure, it is the solution proposed by Herings, van der Laan and Talman (2008). We introduce the notion of link-convexity …, under which the game is shown to have a non-empty core and the average tree solution lies in the core. In general, link-convexity … is weaker than convexity. For games with a cycle-free communication structure, link-convexity is even weaker than super-additivity. …
Persistent link: https://www.econbiz.de/10005137089
This paper points out the importance of Stochastic Dominance (SD) efficient sets being convex. We review
Persistent link: https://www.econbiz.de/10008513225