and Yang (2008) always finds a core allocation in finitely many iterations, thus resulting in a Pareto efficient outcome. …

) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …

the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two …

on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous … sacrifice') which is derived from the egalitarian-equivalent concept suggested by Moulin (1987). We also develop a simple core … test by which it can be checked whether a given allocation is in the core thus being a possible outcome of a cooperative …

, the set of Walrasian payoff vectors of the induced coalition production economy coincides with the core of the balanced …

The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a … incentive compatible core can be empty, even if utility functions are quasi-linear. If, in addition to quasi-linearity, further … assumptions are made (like independent private values), the non-emptiness of the core follows nevertheless from d?Aspremont and …

coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …