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This article considers single-valued solutions of transferable utility cooperative games that satisfy core selection and aggregate monotonicity, defined either on the set of all games, G <Superscript> N </Superscript>, or on the set of essential games, E <Superscript> N </Superscript> (those with a non-empty imputation set). The main result is that...</superscript></superscript>
Persistent link: https://www.econbiz.de/10010993421
The main objective of the paper is to study the locus of all core selection and aggregate monotonic point solutions of a TU-game: the aggregate-monotonic core. Furthermore, we characterize the class of games for which the core and the aggregate-monotonic core coincide. Finally, we introduce a...
Persistent link: https://www.econbiz.de/10010547391
We characterize single-valued solutions of transferable utility cooperative games satisfying core selection and aggregate monotonicity. Fur- thermore, we show that these two properties are compatible with individual rationality, the dummy player property and the symmetry property. We nish...
Persistent link: https://www.econbiz.de/10008518895
We introduce the aggregate-monotonic core as the set of allocations of a transferable utility cooperative game attainable by single-valued solutions that satisfy core-selection and aggregate-monotonicity. We provide a necessary and sufficient condition for the coincidence of the core and the...
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