: (i) only eight configurations are possible for the core, which contains at most six allocations; (ii) for each core …

refinement of Myerson's core for which information disseminates across coalitions within a given random blocking mechanism. Under …We study core convergence in interim quasilinear economies with asymmetric information, concentrating on core notions … in which information is transmitted endogenously within coalitions and the incentive constraints are relevant …

We consider the inner core as a solution concept for cooperative games with non-transferable utility (NTU) and its … subsets of the inner core for NTU market games and competitive payoff vectors of markets linked to the NTU market game. This … large class of closed subsets of the inner core: Given an NTU market game we construct a market depending on a given closed …

refinement of Myerson’s core for which information disseminates across coalitions within a given random blocking mechanism. Under …We study core convergence in interim quasilinear economies with asymmetric information, concentrating on core notions … in which information is transmitted endogenously within coalitions and the incentive constraints are relevant …

A core allocation of a complete information economy can be characterized as one that would not be unanimously rejected … of such voting games, this approach makes it possible to derive core concepts in which the transmission of information … among members of a coalition is endogenous. Our results lend support to the credible core of Dutta and Vohra (2003) and the …

This paper provides a noncooperative approach to core stability in an economy with incomplete information. The analysis … covers general exchange economies, although our tightest results hold when effective coalitions consist of at most two … Serrano and Vohra (1997) to implement the core of a complete information economy. This leads to a version of the core that we …

a contractual approach and based on the notion of fuzzy contractual allocation, see Marakulin (2011, 2013). Core … core converts into a classical one when the market turns complete. Under perfect competition conditions, core allocations … are GEI-equilibria. These properties prove the validity of the suggested core …

enforcement of contracts is, therefore, limited by incentive com-patibility constraints. We formalize a notion of the core for … core, or as an attempt to introduce coalitional contracts in the Holmstrom-Myerson [1983] notion of incentive efficiency …. While there are some special cases in which the incentive compatible core is non-empty, our main result shows that this is …

, including theorems guaranteeing that the core is nonempty. Then the basic pure exchange economy is extended to include … asymmetric information. The possibilities for such models to generate cooperative games are examined. Here the core is emphasized …