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Two remarks on the inner core

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  • de Clippel, Geoffroy
  • Minelli, Enrico

Abstract

For the case of smooth concave exchange economies, we provide a characterization of the inner core as the set of feasible allocations such that no coalition can improve on it, even if coalitions are allowed to use some random plans. For the case of compactly generated games, we discuss Myerson's definition of the inner core, and we characterize it using lexicographic utility weight systems.

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File URL: http://www.sciencedirect.com/science/article/B6WFW-4DWVWS1-7/2/67ddebd9d05951a5ceea70c1658817b2
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Bibliographic Info

Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 50 (2005)
Issue (Month): 2 (February)
Pages: 143-154

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Handle: RePEc:eee:gamebe:v:50:y:2005:i:2:p:143-154

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Web page: http://www.elsevier.com/locate/inca/622836

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References

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  1. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
  2. Qin Cheng-Zhong, 1993. "The Inner Core and the Strictly Inhibitive Set," Journal of Economic Theory, Elsevier, vol. 59(1), pages 96-106, February.
  3. Qin Cheng-Zhong, 1994. "The Inner Core of an n-Person Game," Games and Economic Behavior, Elsevier, vol. 6(3), pages 431-444, May.
  4. Qin, Cheng-Zhong, 1994. "An Inner Core Equivalence Theorem," Economic Theory, Springer, vol. 4(2), pages 311-17, March.
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Cited by:
  1. de Clippel, Geoffroy, 2008. "An axiomatization of the inner core using appropriate reduced games," Journal of Mathematical Economics, Elsevier, vol. 44(3-4), pages 316-323, February.
  2. Yusuke Kamishiro & Roberto Serrano, 2008. "Information transmission and core convergence in quasilinear economies," Working Papers 2008-01, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
  3. Roberto Serrano & Rajiv Vohra, 2005. "Information Transmission In Coalitional Voting Games," Economics Working Papers we055726, Universidad Carlos III, Departamento de Economía.
  4. Sonja Brangewitz & Jan-Philip Gamp, 2011. "Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs," Working Papers 453, Bielefeld University, Center for Mathematical Economics.
  5. Roberto Serrano & Yusuke Kamishiro, 2009. "Equilibrium Blocking In Large Quasilinear Economies," Working Papers wp2009_0911, CEMFI.
  6. Sonja Brangewitz & Jan-Philip Gamp, 2011. "Competitive Outcomes and the Inner Core of NTU Market Games," Working Papers 449, Bielefeld University, Center for Mathematical Economics.

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