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Persistent link: https://www.econbiz.de/10008486623
We discuss linear production games or market games with a continuum of players which are represented as minima of finitely many nonatomic measures.<p>Within this context we consider vNM-Stable Sets according to von Neumann and Morgenstern. We classify or characterize all solutions of this type...</p>
Persistent link: https://www.econbiz.de/10005598491
Greenberg (1990) and Ray (1989) showed that in coalitional games with a finite set of players the core consists of those and only those payoffs that cannot be dominated using payoffs in the core of a subgame. We extend the definition of the dominance relation to coalitional games with an...
Persistent link: https://www.econbiz.de/10005755717
We study the core of a non-atomic game v which is uniformly continuous with respect to the DNA-topology and continuous at the grand coalition. Such a game has a unique DNA-continuous extension ${\overline {v}}$ on the space B1 of ideal sets. We show that if the extension ${\overline {v}}$ is...
Persistent link: https://www.econbiz.de/10005155726
Persistent link: https://www.econbiz.de/10005375699