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are currently employed/unemployed. We show that such a process is absorbed into the core with probability one in finite … time. Moreover, within the core, allocations are selected that are characterized by surplus splitting according to a …
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general conditions. They imply that any efficient profile that is approximately achievable must be in the core of the …) an efficient profile can be approximately achieved if and only if it is in the core; and (iii) any achievable profile can …
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Minimum-cost spanning tree problems are well-known problems in the operations research literature. Some agents, located at different geographical places, want a service provided by a common supplier. Agents will be served through costly connections. Some part of the literature has focused,...
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-298) is proposed to allow for multiple membership. The definition of the core is adapted analogously and the possibilities for …
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