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The Core Can Be Accessed with a Bounded Number of Blocks

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Author Info
Laszlo.A.Koczy () (Maastricht University, Department of Economics)

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Abstract

We show the existence of an upper bound for the number of blocks required to get from one imputation to another provided that accessibility holds. The bound depends only on the number of players in the TU game considered. For the class of games with non-empty cores this means that the core can be reached via a bounded sequence of blocks.

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File URL: http://econ.core.hu/doc/dp/dp/mtdp0512.pdf
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Publisher Info
Paper provided by Institute of Economics, Hungarian Academy of Sciences in its series IEHAS Discussion Papers with number 0512.

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Length: 18 pages
Date of creation: Nov 2005
Date of revision:
Handle: RePEc:has:discpr:0512

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Related research
Keywords: core; indirect dominance;

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Find related papers by JEL classification:
C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis

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  1. Perry, Motty & Reny, Philip J, 1994. "A Noncooperative View of Coalition Formation and the Core," Econometrica, Econometric Society, vol. 62(4), pages 795-817, July. [Downloadable!] (restricted)
    Other versions:
  2. Sengupta, Abhijit & Sengupta, Kunal, 1996. "A Property of the Core," Games and Economic Behavior, Elsevier, vol. 12(2), pages 266-273, February. [Downloadable!] (restricted)
  3. 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)
  4. Green, Jerry R, 1974. "The Stability of Edgeworth's Recontracting Process," Econometrica, Econometric Society, vol. 42(1), pages 21-34, January. [Downloadable!] (restricted)
  5. Roberto Serrano & Rajiv Vohra, 1997. "Non-cooperative implementation of the core," Social Choice and Welfare, Springer, vol. 14(4), pages 513-525. [Downloadable!] (restricted)
  6. Koczy, Laszlo A. & Lauwers, Luc, 2004. "The coalition structure core is accessible," Games and Economic Behavior, Elsevier, vol. 48(1), pages 86-93, July. [Downloadable!] (restricted)
    Other versions:
  7. Dionysius Glycopantis & Allan Muir & Nicholas C. Yannelis, 2003. "On extensive form implementation of contracts in differential information economies," Economic Theory, Springer, vol. 21(2), pages 495-526, 03. [Downloadable!] (restricted)
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