We introduce the concept of a TUU-game, a transferable utility game with uncertainty. In a TUU-game there is … uncertainty regarding the payoffs of coalitions. One out of a finite number of states of nature materializes and conditional on … commitment possibilities and propose the Weak Sequential Core as a solution concept. We characterize the Weak Sequential Core and …

We introduce the concept of a transferable utility game with uncertainty (TUUgame). In a TUU-game there is uncertainty … possibilities and propose the Weak Sequential Core as a solution concept. We characterize the Weak Sequential Core and show that it … is non-empty if all ex post TU-games are convex. We study bankruptcy games with uncertainty and apply the Weak Sequential …

We study bankruptcy games where the estate and the claims have stochastic values. We use the Weak Sequential Core as … to the Weak Sequential Core. …

We introduce the concept of a TUU-game, a transferable utility game with uncertainty. In a TUU-game there is … uncertainty regarding the payoffs of coalitions. One out of a finite number of states of nature materializes and conditional on … commitment possibilities and propose the Weak Sequential Core as a solution concept. We characterize the Weak Sequential Core and …

We study bankruptcy games where the estate and the claims have stochastic values. We use the Weak Sequential Core as … to the Weak Sequential Core. …

We study bankruptcy games where the estate and the claims have stochastic values. We use the Weak Sequential Core as … to the Weak Sequential Core …

Weak Sequential Core and their characterization result. We also provide the remedy, a modification of the definition, to …

We adapt the core concept to deal with economies in which trade in assets takes place at period 1, uncertainty about … asset payoffs is released at period 2, and agents trade in commodities afterwards. We define the weak sequential core as the … coalition once the uncertainty is being released. We restrict ourselves to credible deviations, i.e. coalitional deviations at …

and on the state of nature as well. we allow for coalitions to form both before and after the resolution of uncertainty …, hence agreements must be stable against both types of deviations. The appropriate extension of the classicakl core concept …, the Sustainable Core, is defined for this new setup to test the stability of allocations in such a complex environment. A …