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A Necessary and Sufficient Condition for Non--emptiness of the Core of a Non--transferable Utility Game

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Author Info
Herings,P. Jean-Jacques
Predtetchinski,Arkadi (METEOR)

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Abstract

It is well--known that a transferable utility game has a non-empty core if and only if it is balanced. In the class of non-transferable utility games balancedness or the more general pi-balancedness due to Billera (1970) is a sufficient, but not a necessary condition for the core to be non--empty. This paper gives a natural extension of the pi -balancedness condition that is both necessary and sufficient non--emptiness of the core.

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Paper provided by Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization in its series Research Memoranda with number 016.

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Date of creation: 2002
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Handle: RePEc:dgr:umamet:2002016

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Keywords: microeconomics ;

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Please 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.:
  1. P. Jean-Jacques Herings & Gerard van der Laan & Dolf Talman, 2000. "Cooperative Games in Graph Structure," Tinbergen Institute Discussion Papers 00-072/1, Tinbergen Institute. [Downloadable!]
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  2. Gerard van der Laan & Zaifu Yang & Dolf Talman, 1998. "Cooperative games in permutational structure," Economic Theory, Springer, vol. 11(2), pages 427-442. [Downloadable!] (restricted)
  3. P. Jean-Jacques Herings, 1997. "An extremely simple proof of the K-K-M-S Theorem," Economic Theory, Springer, vol. 10(2), pages 361-367. [Downloadable!] (restricted)
  4. Herbert E. Scarf, 1965. "The Core of an N Person Game," Cowles Foundation Discussion Papers 182R, Cowles Foundation, Yale University. [Downloadable!]
  5. Kannai, Yakar, 1992. "The core and balancedness," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 12, pages 355-395 Elsevier. [Downloadable!] (restricted)
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(explanations, Please 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.)

  1. Allouch,Nizar & Predtetchinski,Arkadi, 2005. "On the non-emptiness of the fuzzy core," Research Memoranda 002, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
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  2. Talman, D. & Herings, P.J. & Laan, G. van der, 2003. "Socially structured games and their applications," Discussion Paper 40, Tilburg University, Center for Economic Research. [Downloadable!]
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  3. Vincent Iehlé, 2004. "Transfer rate rules and core selections in NTU games," Cahiers de la Maison des Sciences Economiques b04093, Université Panthéon-Sorbonne (Paris 1). [Downloadable!]
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  4. Péter Csóka & P. Jean-Jacques Herings & László Á. Kóczy & Miklós Pintér, 2009. "Convex and Exact Games with Non-transferable Utility," Working Paper Series 0904, Budapest Tech, Keleti Faculty of Economics. [Downloadable!]
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  5. Predtetchinski,Arkadi, 2004. "The Fuzzy Core and the (Π, β)- Balanced Core," Research Memoranda 025, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
  6. Peter Csoka & P. Jean-Jacques Herings, & Laszlo A. Koczy, 2007. "Stable Allocations of Risk," IEHAS Discussion Papers 0704, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
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  7. Vincent Iehlé, 2005. "The core-partition of hedonic games," Cahiers de la Maison des Sciences Economiques b05091, Université Panthéon-Sorbonne (Paris 1). [Downloadable!]
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  8. P. Herings & Gerard Laan & Dolf Talman, 2007. "Socially Structured Games," Theory and Decision, Springer, vol. 62(1), pages 1-29, February. [Downloadable!] (restricted)
  9. Jean-Marc Bonnisseau & Vincent Iehlé, 2007. "Payoff-dependent balancedness and cores (revised version)," UFAE and IAE Working Papers 678.07, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
  10. Csóka, Péter & Herings, P. Jean-Jacques & Kóczy, László Á., 2007. "Balancedness Conditions for Exact Games," Research Memoranda 039, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
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  11. Jean-Marc Bonnisseau & Vincent Iehle, 2004. "Payoffs-dependent Balancedness and Cores," Game Theory and Information 0403004, EconWPA. [Downloadable!]
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