An Explicit Bound on epsilon for Non-Emptiness of the epsilon-Core of an Arbitrary Game with Side Payments
AbstractWe introduce the concept of a paramaterized collection of games with side payments and determine a bound on epsilon so that all sufficiently large games in such a collection have non-emplty epsilon-cores. A parametrized collection of games is described by (a) the number of approximate player types and the accuracy of this approximation, (b) the size of approximately effective small groups, and (c) the size of the bound on maximal per capita payoffs achievable in coalitions.
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Bibliographic InfoPaper 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 393.97.
Length: 17 pages
Date of creation: 1997
Date of revision:
Find related papers by JEL classification:
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D7 - Microeconomics - - Analysis of Collective Decision-Making
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- Wooders, M. & Selten, R. & Cartwright, E., 2001. "Some First Results for Noncooperative Pregames : Social Conformity and Equilibrium in Pure Strategies," The Warwick Economics Research Paper Series (TWERPS) 589, University of Warwick, Department of Economics.
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