Core stability in chain-component additive games
Abstract
Chain-component additive games are graph-restricted superadditive games, where an exogenously given line-graph determines the cooperative possibilities of the players.These games can model various multi-agent decision situations, such as strictly hierarchical organisations or sequencing / scheduling related problems, where an order of the agents is fixed by some external factor, and with respect to this order only consecutive coalitions can generate added value. In this paper we characterise core stability of chain-component additive games in terms of polynomial many linear inequalities and equalities that arise from the combinatorial structure of the game.Furthermore we show that core stability is equivalent to essential extendibility.We also obtain that largeness of the core as well as extendibility and exactness of the game are equivalent properties which are all sufficient for core stability.Moreover, we also characterise these properties in terms of linear inequalities.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Elsevier in its journal Games and Economic Behavior.
Volume (Year): 62 (2008)
Issue (Month): 1 (January)
Pages: 116-139
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Web page: http://www.elsevier.com/locate/inca/622836
Related research
Keywords:Other versions of this item:
- Velzen, S. van & Hamers, H.J.M. & Solymosi, T., 2004. "Core Stability in Chain-Component Additive Games," Discussion Paper 2004-101, Tilburg University, Center for Economic Research.
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
References
References listed on IDEASPlease 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.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Arantza Estevez-Fernandez, 2011. "New Characterizations for Largeness of the Core," Tinbergen Institute Discussion Papers 11-086/1, Tinbergen Institute.
- Velzen, S. van, 2005. "Simple Combinatorial Optimisation Cost Games," Discussion Paper 2005-118, Tilburg University, Center for Economic Research.
- Velzen, S. van, 2005. "Cooperation in Networks and Scheduling," Open Access publications from Tilburg University urn:nbn:nl:ui:12-170234, Tilburg University.
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