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Communication, credible improvements and the core of an economy with asymmetric information

Volij, Oscar - 1997

members of a coalition. We then define a concept of the Core that takes into account these communication possibilities. The … internal consistency of the improvements is considered and an Internally Consistent Core is introduced, that requires …

Persistent link: https://www.econbiz.de/10011504624

The core for economies with asymmetric information : an axiomatic approach

Lee, Darin; Volij, Oscar - 1997

information and 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/10011504652

The nucleolus, the kernel, and the bargaining set: an update

Iñarra García, Elena; Serrano, Roberto; Shimomura, … - 2019

One of the many important contributions in David Schmeidler's distinguished career was the introduction of the nucleolus. This paper is an update on the nucleolus and its two related supersolutions, i.e., the kernel and the bargaining set.

Persistent link: https://www.econbiz.de/10012018578

Small informational size and interim cores of large quasilinear economies

Kamishiro, Yusuke; Serrano, Roberto - 2018

We provide nonemptiness results of approximate interim cores with endogenous communication in large quasilinear economies, where every agent's informational size is small. We offer results for both replica and more general sequences of economies.

Persistent link: https://www.econbiz.de/10011890497