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Three Theorems on Non-Emptiness of Approximate Cores: Part 1. Game Theoretic Results

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Author Info
Kovalenkov, A.
Wooders, M.H.

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Abstract

We introduce the framework of parametrized collections of games and provide three nonemptiness of approximate core theorems for arbitrary games without (and with) sidepayments. The framework and theorems are sufficiently general to encompass results in the literature on nonemptiness of approximate cores of games derived from pregames. The theorems are based on a new notion of strongly balanced profiles and approximately strongly balanced profiles.

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Publisher Info
Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 390.97.

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Length: 32 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:aub:autbar:390.97

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Keywords: GAMES;

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Find related papers by JEL classification:
C6 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming
D7 - Microeconomics - - Analysis of Collective Decision-Making

Cited by:
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  1. John P. Conley & Myrna Holtz Wooders, 1995. "Anonymous Lindahl Pricing in a Tiebout Economy with Crowding Types," Working Papers mwooders-98-02, University of Toronto, Department of Economics. [Downloadable!]
    Other versions:
  2. Alexander Kovalenkov & Myrna Holtz Wooders, 1997. "An explicit bound on," Working Papers mwooders-98-04, University of Toronto, Department of Economics. [Downloadable!]
  3. Alexander Kovalenkov & Myrna Holtz Wooders, 1997. "Epsilon cores of games and economies with limited side payments," Working Papers mwooders-98-03, University of Toronto, Department of Economics. [Downloadable!]
    Other versions:
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