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Persistent link: https://www.econbiz.de/10008468247
There exist coalitional games with transferable utility which have the same core but different nucleoli. We show that … this cannot happen in the case of assignment games. Whenever two assignment games have the same core, their nucleoli also … coincide. To show this, we prove that the nucleolus of an assignment game coincides with that of its buyerseller exact …
Persistent link: https://www.econbiz.de/10005022346
Persistent link: https://www.econbiz.de/10009292855
not be balanced. Some conditions for balancedness are provided and, in that case, properties of the core are analyzed … the cores of two assignment games coincides with the core of the sum game. …
Persistent link: https://www.econbiz.de/10005176408
horse market games, are analyzed. The nucleolus is proved to coincide with the value, and is thus the midpoint of the core …
Persistent link: https://www.econbiz.de/10005600429
On the domain of two-sided assignment markets, the nucleolus is axiomatized as the unique solution that satisfies … characterization of the nucleolus by means of a strong form of the bisection property that characterizes the inter- section between the … core and the kernel of a coalitional game in Maschler et al (1979). …
Persistent link: https://www.econbiz.de/10010593239
We provide explicit formulas for the nucleolus of an arbitrary assignment game with two buyers and two sellers. Five …
Persistent link: https://www.econbiz.de/10010817236
allocation vectors that meet these recursive bounds. The core of the game is reinterpreted as a set of sequentially compatible … payoffs when the Davis-Maschler reduced game is considered (Th.1). Independently of the reduction, the core turns out to be …
Persistent link: https://www.econbiz.de/10005022314
two sides. A symmetrically multilateral-bargained (SMB) allocation is a core allocation such that any agent is in … kernel-based set that, together with the core, characterizes the set of SMB. …
Persistent link: https://www.econbiz.de/10005022339
We study the behaviour of the extreme points of the core of a game in front of the reduction of the game and prove that … the extreme core points have the reduced game property but not the converse reduced game property. Nevertheless we give … some sufficient conditions on an extreme point of the core of a reduced game to extend to an extreme core point of the …
Persistent link: https://www.econbiz.de/10005022366