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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Herings,P. Jean-Jacques & Laan,Gerard,van der & Talman,Dolf, 2000.
"Cooperative Games in Graph Structure,"
Research Memoranda
011, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
[Downloadable!]
Herings,P. Jean-Jacques & Laan,Gerard,van der & Talman,Dolf, 2002.
"Cooperative Games in Graph Structure,"
Research Memoranda
011, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
[Downloadable!]
Cited by: (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.)
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.
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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!]
Other versions:
Csóka, Péter & Herings, P. Jean-Jacques & Kóczy, László Á,, 2007.
"Stable Allocations of Risk,"
Research Memoranda
040, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
[Downloadable!]
Péter Csóka & P. Jean-Jacques Herings & László Á. Kóczy, 2007.
"Stable Allocations of Risk,"
Working Paper Series
0802, Budapest Tech, Keleti Faculty of Economics, revised Apr 2008.
[Downloadable!]
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!]
Other versions: