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The minimal dominant set is a non-empty core-extension

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Author Info
Kóczy,László Á.
Lauwers,Luc (METEOR)

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Abstract

A set of outcomes for a transferable utility game in characteristic function form is dominant if it is, with respect to an outsider-independent dominance relation, accessible (or admissible) and closed. This outsider-independent dominance relation is restrictive in the sense that a deviating coalition cannot determine the payoffs of those coalitions that are not involved in the deviation. The minimal (for inclusion) dominant set is non-empty and for a game with a non-empty coalition structure core, the minimal dominant set returns this core. We provide an algorithm to find the minimal dominant set.

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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 018.

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Date of creation: 2004
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Handle: RePEc:dgr:umamet:2004018

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Keywords: mathematical economics

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  1. Sengupta, Abhijit & Sengupta, Kunal, 1996. "A Property of the Core," Games and Economic Behavior, Elsevier, vol. 12(2), pages 266-273, February. [Downloadable!] (restricted)
  2. Sengupta, Abhijit & Sengupta, Kunal, 1994. "Viable Proposals," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 347-59, May. [Downloadable!] (restricted)
  3. Laszlo A. Koczy & Luc Lauwers, 2001. "The Coalition Structure Core is Accessible," Grand Coalition 52, Grand Coalition Web Site. [Downloadable!]
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  4. E. Kalai & D. Schmeidler, 1975. "An Admissible Set Occurring in Various Bargaining Situations," Discussion Papers 191, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  5. Zhou Lin, 1994. "A New Bargaining Set of an N-Person Game and Endogenous Coalition Formation," Games and Economic Behavior, Elsevier, vol. 6(3), pages 512-526, May. [Downloadable!] (restricted)
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