Name
Abstract | ||
|---|---|---|
. 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 of these properties. Other properties implying stability of the core are subconvexity
and largeness of the core (two properties introduced by Sharkey (1982)) and a property that we have baptized extendability
and is introduced by Kikuta and Shapley (1986). These last three properties have a feature in common: if we start with an
arbitrary TU-game and increase only the value of the grand coalition, these properties arise at some moment and are kept if
we go on with increasing the value of the grand coalition. We call such properties prosperity properties. In this paper we investigate the relations between several prosperity properties and their relation with core-stability.
By counter examples we show that all the prosperity properties we consider are different. |
Year | DOI | Venue |
|---|---|---|
1999 | 10.1007/s001820050106 | Int. J. Game Theory |
Keywords | Field | DocType |
Key words: Stable core,large core,subconvexity,prosperity | Welfare economics,Mathematical economics,Prosperity,Convexity,Open problem,Counterexample,Mathematics | Journal |
Volume | Issue | ISSN |
28 | 2 | 0020-7276 |
Citations | PageRank | References |
22 | 3.28 | 1 |
Authors | ||
3 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| J. R. G. van Gellekom | 1 | 22 | 3.28 |
| J. A. M. Potters | 2 | 67 | 9.76 |
| J. H. Reijnierse | 3 | 45 | 6.95 |