sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …

We show that the core of each strongly size monotonic hedonic game is not empty and is externally stable. This is in … sharp contrast to other sufficient conditions for core non-emptiness which do not even guarantee the existence of a stable … set in such games. -- Core ; Hedonic Games ; Monotonicity ; Stable Sets …

This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers … ; Edgeworth ; Core ; Decentralization …

sense that a deviating coalition cannot determine the payoffs of those coalitions that are not involved in the deviation …. 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. …

This paper reinterprets the γ-core (Chander and Tulkens (1995, 1997)) and justifies it as well as its prediction that … the efficient coalition structure is stable in terms of the coalition formation theory. It is assumed that coalitions can … coalitions) and a coalition may deviate if and only if it stands to gain from it. It is then shown that subsequent to a deviation …

(weak) core, unlike in many-to-one matching markets (Blair, 1988). In this paper, we seek a theoretical foundation for …

We generalise the coalition structure core to partition function games. Our definition relies only on one crucial … initial one, and – whenever this is possible – they come to a residual core outcome. Deviating players form their optimistic … or pessimistic expectations with this in mind. This leads to a recursive definition of the core. When compared to …