Berl, Janet E.; McKelvey, Richard D.; Ordeshook, Peter C.; … - In: Journal of Conflict Resolution 20 (1976) 3, pp. 453-479
This essay reports on seventeen experiments that test the validity of the Core as a solution to n-person cooperative games in a nontransferable utility context. Money is used to induce preferences, but subjects are not permitted to negotiate about nor transfer money amongst themselves. Instead,...