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Transfer rate rules and core selections in NTU games

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Author Info
Vincent Iehlé () (CERMSEM, University Paris 1)

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Abstract

Different kinds of asymmetries between players can occur in core allocations, in that case the stability of the concept is questioned. One remedy consists in selecting robust core allocations. We review, in this note, results that all select core allocations in NTU games with different concepts of robustness. Within a unified approach, we deduce the existence of allocations in: the partnered core, the social stable core, the core intersected with average prekernel, the weak inner core. We use a recent contribution of Bonnisseau and Iehle (2003) that states the existence of core allocations with a transfer rate rule equilibrium under a dependent balancedness assumption. It shall turn out to be manipulable tools for selecting the core.

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File URL: http://www.economicsbulletin.com/2004/volume3/EB-04C70014A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 3 (2004)
Issue (Month): 42 ()
Pages: 1-10
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:3:y:2004:i:42:p:1-10

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Related research
Keywords: Cooperative games; core allocations with transfer rate rule equilibrium; dependent balancedness; fair division schemes.; non-emptiness; stable matchings;

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Find related papers by JEL classification:
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
C6 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Jean-Marc Bonnisseau & Vincent Iehle, 2004. "Payoffs-dependent Balancedness and Cores," Game Theory and Information 0403004, EconWPA. [Downloadable!]
    Other versions:
  2. Roberto Serrano & Ken-Ichi Shimomura, 2005. "A Comparison Of The Average Prekernel And The Prekernel," Economics Working Papers we055827, Universidad Carlos III, Departamento de Economía. [Downloadable!]
    Other versions:
  3. Herings,P. Jean-Jacques & Laan, van der,Gerard & Talman,Dolf, 2003. "Socially Structured Games and Their Applications," Research Memoranda 024, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
    Other versions:
  4. Bennett, Elaine & Zame, William R, 1988. "Bargaining in Cooperative Games," International Journal of Game Theory, Springer, vol. 17(4), pages 279-300.
  5. Matthew O. Jackson, 2003. "A Survey of Models of Network Formation: Stability and Efficiency," Game Theory and Information 0303011, EconWPA. [Downloadable!]
    Other versions:
  6. Predtetchinski, Arkadi & Jean-Jacques Herings, P., 2004. "A necessary and sufficient condition for non-emptiness of the core of a non-transferable utility game," Journal of Economic Theory, Elsevier, vol. 116(1), pages 84-92, May. [Downloadable!] (restricted)
    Other versions:
  7. Orshan, Gooni & Zarzuelo, Jose M., 2000. "The Bilateral Consistent Prekernel for NTU Games," Games and Economic Behavior, Elsevier, vol. 32(1), pages 67-84, July. [Downloadable!] (restricted)
  8. Reny, Philip J. & Holtz Wooders, Myrna, 1996. "The Partnered Core of a Game without Side Payments," Journal of Economic Theory, Elsevier, vol. 70(2), pages 298-311, August. [Downloadable!] (restricted)
  9. Bennett, Elaine, 1997. "Multilateral Bargaining Problems," Games and Economic Behavior, Elsevier, vol. 19(2), pages 151-179, May. [Downloadable!] (restricted)
  10. Juan Camilo Gómez, 2003. "An Extension of the Core solution Concept," Discussion Papers 04-01, University of Copenhagen. Department of Economics. [Downloadable!]
  11. Qin Cheng-Zhong, 1993. "The Inner Core and the Strictly Inhibitive Set," Journal of Economic Theory, Elsevier, vol. 59(1), pages 96-106, February. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Jean-Marc Bonnisseau & Vincent Iehlé, 2007. "Payoff-dependent balancedness and cores (revised version)," UFAE and IAE Working Papers 678.07, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
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