The Truncated Core for Games with Limited Aspirations

We define and study games with limited aspirations. In a game with limited aspirations there are upper bounds on the possible payoffs for some coalitions. These restrictions require adjustments in the definitions of solution concepts. In the current paper we study the effect of the restrictions on the core and define and study the so-called truncated core.

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Year of publication:	2007
Authors:	Carente, Luisa ; Casas-Mendez, Balbina ; Carcia-Jurado, Ignacio ; Nouweland, Anne van den
Institutions:	Department of Economics, Faculty of Business and Economics
Subject:	games with limited aspirations \| truncated core

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Extent:	application/pdf
Series:	Department of Economics - Working Papers Series.
Type of publication:	Book / Working Paper
Notes:	Number 1010 23 pages
Classification:	C71 - Cooperative Games ; C44 - Statistical Decision Theory; Operations Research
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005587616