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An important open problem in the theory of TU-games is to determine whether a game has a stable core (Von Neumann-Morgenstern solution (1944)). This seems to be a rather difficult combinatorial problem. There are many sufficient conditions for core-stability. Convexity is probably the best known...
Persistent link: https://www.econbiz.de/10005375639
Persistent link: https://www.econbiz.de/10005598421
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 set of all weighted constrained egalitarian...
Persistent link: https://www.econbiz.de/10005375567