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Quasi-Cores in Bargaining Sets

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Author Info
Ken-Ichi Shimomura (School of International Public Policy, Osaka University, Toyonaka, Osaka 560, Japan)
Abstract

We propose a nonempty-valued subsolution of the Mas-Colell Bargaining Set on the class of TU games satisfying grand coalition zero-monotonicity, a weaker condition than superadditivity, zero-monotonicity and balancedness. The subsolution is a slight modification of the Shapley-Shubik Quasi-Core. The Zhou Bargaining Set is a refinement of the Mas-Colell Bargaining Set. We also give a nonempty-valued subsolution of the Zhou Bargaining Set on the class of all TU games satisfying grand coalition superadditivity, a weaker condition than superadditivity and balancedness. This subsolution is a modification of the Zhou Bargaining Set which is described by excesses. These results are examined for TU games with coalition structures.

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Publisher Info
Article provided by Springer in its journal International Journal of Game Theory.

Volume (Year): 26 (1997)
Issue (Month): 3 ()
Pages: 283-302
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Handle: RePEc:spr:jogath:v:26:y:1997:i:3:p:283-302

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