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, the set of Walrasian payoff vectors of the induced coalition production economy coincides with the core of the balanced …-jobbing. -- Coalition production economy ; transferable utility game ; core ; Walrasian equilibrium ; Walrasian equilibrium without double …
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We study the relation between the fuzzy core and balancedness for fuzzy games. For regular games, this relation has … where the fuzzy game is continuous. Our main result shows that any fuzzy game has a non-empty core if and only if it …
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We offer a new approach to the well-known bankruptcy problem based on Kaminski's idea. With the help of hydraulic rationing we give a proof to Aumann and Maschlers theorem i.e. the consistent solution of a bankruptcy problem is the nucleolus of the corresponding game. We use a system of vessels...
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commitment possibilities and propose the Weak Sequential Core as a solution concept. We characterize the Weak Sequential Core and … Core …
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