Showing 1 - 10 of 48
We study the behaviour of the extreme points of the core of a game in front of the reduction of the game and prove that … the extreme core points have the reduced game property but not the converse reduced game property. Nevertheless we give … some sufficient conditions on an extreme point of the core of a reduced game to extend to an extreme core point of the …
Persistent link: https://www.econbiz.de/10005022366
the core is provided, which is also valid for the class of convex games. For each ordering in the player set, a payoff … worth vectors, is the set of extreme points of the core of the assignment game. …
Persistent link: https://www.econbiz.de/10005176428
This paper presents a characterization of the non-emptiness of the intersection between the imputation set and the Weber set. Tools from non-cooperative zero-sum finite games are used. We assign a matrix game to any cooperative game and the sign of the value of this matrix game is used for the...
Persistent link: https://www.econbiz.de/10005176387
necessary and sufficient conditions for the core of balanced games containing the Shapley value are given. Connections between …
Persistent link: https://www.econbiz.de/10005120744
We show that any cooperative TU game is the maximum of a finite collection of convex games. This max-convex decomposition can be refined by using convex games with nonnegative dividends for all coalitions of at least two players. As a consequence of the above results we show that the class of...
Persistent link: https://www.econbiz.de/10005138819
We study under which conditions the core of a game involved in a convex decomposition of another game turns out to be a … with a unique stable set different from the core, are reckoning and analyzed. …
Persistent link: https://www.econbiz.de/10008679065
We provide explicit formulas for the nucleolus of an arbitrary assignment game with two buyers and two sellers. Five different cases are analyzed depending on the entries of the assignment matrix. We extend the results to the case of 2 m or m 2 assignment games.
Persistent link: https://www.econbiz.de/10010817236
-optimal and the sellers-optimal core allocations. Non- square markets are analyzed also by reducing them to appropriate square …
Persistent link: https://www.econbiz.de/10010895706
allocation vectors that meet these recursive bounds. The core of the game is reinterpreted as a set of sequentially compatible … payoffs when the Davis-Maschler reduced game is considered (Th.1). Independently of the reduction, the core turns out to be …
Persistent link: https://www.econbiz.de/10005022314
two sides. A symmetrically multilateral-bargained (SMB) allocation is a core allocation such that any agent is in … kernel-based set that, together with the core, characterizes the set of SMB. …
Persistent link: https://www.econbiz.de/10005022339