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Article

Title: On the structure of the core of balanced games (English)
Author: Stefanescu, Anton
Language: English
Journal: Kybernetika
ISSN: 0023-5954
Volume: 37
Issue: 1
Year: 2001
Pages: [39]-46
Summary lang: English
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Category: math
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Summary: The uniform competitive solutions (u.c.s.) are basically stable sets of proposals involving several coalitions which are not necessarily disjoint. In the general framework of NTU games, the uniform competitive solutions have been defined in two earlier papers of the author (Stefanescu [5]) and Stefanescu [6]). The general existence results cover most situations formalized in the framework of the cooperative game theory, including those when the coalitional function is allowed to have empty values. The present approach concerns the situation when the coalition configurations are balanced. One shows, that if the coalitional function has nonempty values, the game admits balanced u.c.s. To each u.c.s. one associated an “ideal payoff vector” representing the utilities that the coalitions promis to the players. One proves that if the game is balanced, then the core and the strong core consist of the ideal payoff vectors associated to all balanced u.c.s. (English)
Keyword: NTU games
Keyword: cooperative games
Keyword: balanced games
MSC: 91A12
idZBL: Zbl 1265.91016
idMR: MR1825756
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Date available: 2009-09-24T19:36:55Z
Last updated: 2015-03-26
Stable URL: http://hdl.handle.net/10338.dmlcz/135387
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Reference: [1] Aliprantis C. D., Brown D. J., Burkinshaw O.: Existence and Optimality of Competitive Equilibria.Springer–Verlag, Berlin 1990 Zbl 0676.90001, MR 1075992
Reference: [2] Bennett E., Zame W. R.: Bargaining in cooperative games.Internat. J. Game Theory 17 (1988), 279–300 Zbl 0661.90107, MR 0977404, 10.1007/BF01254537
Reference: [3] Ichiishi T.: Game Theory for Economic Analysis.Academic Press, New York 1983 Zbl 0522.90104, MR 0700688
Reference: [4] McKelvey R. D., Ordeshook P. C., Winer M. D.: Competitive solution for $N$-person games without transferable utility, with an application to committee games.The American Political Science Review 72 (1978), 599–615 10.2307/1954112
Reference: [5] Stefanescu A.: Coalitional stability and rationality in cooperative games.Kybernetika 32 (1996), 483–490 Zbl 1042.91509, MR 1420137
Reference: [6] Stefanescu A.: Predicting proposal configurations in cooperative games and exchange economies.In: Current Trends in Economics (A. Alkan, C. D. Aliprantis and N. C. Yannelis, eds.), Springer Verlag, Berlin 1999, pp. 475–489 Zbl 0977.91005
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