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This paper discusses the core of the game corresponding to the standard fixed tree problem. We consider the weighted … adaptation of the constrained egalitarian solution of Dutta and Ray (1989). The core of the standard fixed tree game equals the …
Persistent link: https://www.econbiz.de/10005375567
theorem several consequences are derived, the inclusion of the core in the Weber set (Weber, 1988), the fact that every convex … game has a large core (Sharkey, 1982), and a discrete separation theorem (Frank, 1982). We introduce a definition of …
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account. We study inheritance of the following properties: average convexity, inclusion of the Shapley value in the core …
Persistent link: https://www.econbiz.de/10005598503
This paper defines "negotiation-proof Nash equilibrium'', a notion that applies to environments where players can negotiate openly and directly prior to the play of a noncooperative game. It recognizes the possibility that a group of self-interested players may choose, voluntarily and without...
Persistent link: https://www.econbiz.de/10005755721
This paper examines the -core of strategic games by means of the consistency principle. I provide a new definition of a …*) under this definition of reduced games. Then I axiomatize the -core for families of strategic games with bounded payoff …
Persistent link: https://www.econbiz.de/10005155704
First, we suggest and discuss second-order versions of properties for solutions for TU games used to characterize the Banzhaf value, in particular, of standardness for two-player games, of the dummy player property, and of 2-efficiency. Then, we provide a number of characterizations of the...
Persistent link: https://www.econbiz.de/10015358424