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The Dutta-Ray Solution On The Class Of Convex Games: A Generalization And Monotonicity Properties

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Author Info
JENS LETH HOUGAARD () (Department of Economics, University of Copenhagen, Studiestraede 6, 1455 Copenhagen K, Denmark)
BEZALEL PELEG (The Hebrew University of Jerusalem, Centre of Rationality, Interaction and Decision Theory, Givat Ram, Feldman Building, 91904 Jerusalem, Israel)
LARS PETER ØSTERDAL (Department of Economics, University of Copenhagen, Studiestraede 6, 1455 copenhagen K, Denmark)

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Abstract

This paper considers generalized Lorenz-maximal solutions in the core of a convex TU-game and demonstrates that such solutions satisfy coalitional monotonicity and population monotonicity.

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Publisher Info
Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Game Theory Review.

Volume (Year): 07 (2005)
Issue (Month): 04 ()
Pages: 431-442
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Handle: RePEc:wsi:igtrxx:v:07:y:2005:i:04:p:431-442

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Related research
Keywords: Convex games; core solutions; generalized Lorenz-maxima; coalitional monotonicity; population monotonicity;

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Find related papers by JEL classification:
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
C0 - Mathematical and Quantitative Methods - - General
C6 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
D5 - Microeconomics - - General Equilibrium and Disequilibrium
D7 - Microeconomics - - Analysis of Collective Decision-Making
M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics

Cited by:
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  1. Jens Leth Hougaard & Hans Keiding & Lars P. Østerdal, 2002. "Monotonicity of Social Optima With Respect to Participation Constraints," Discussion Papers 03-02, University of Copenhagen. Department of Economics. [Downloadable!]
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