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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
The paper investigates under which additional assumptions the bargaining set, the reactive bargaining set or the semireactive bargaining set coincides with the core on the class of symmetric TU-games. Furthermore, we give an example which illustrates that the property 'the bargaining set...
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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 set of all weighted constrained egalitarian...
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Core elements (a la Aubin) of a fuzzy game can be associated with additive separable supporting functions of fuzzy games. Generalized cores whose elements consist of more general separable supporting functions of the game are introduced and studied. While the Aubin core of unanimity games can be...
Persistent link: https://www.econbiz.de/10005047560
In this paper reasonable payoff intervals for players in a game in partition function form (p.f.f. game) are introduced and used to define the notion of compromisable p.f.f. game. For a compromisable p.f.f. game a compromise value is defined for which an axiomatic characterization is provided....
Persistent link: https://www.econbiz.de/10005081045
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Problems of allocating joint costs in a reasonable way arise in many practical situations where people decide to work together to save costs. Cost allocation methods based on game theoretical concepts take into account the strategic aspects of cost allocation situations. We give a survey of cost...
Persistent link: https://www.econbiz.de/10009218267