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The Positive Core of a Cooperative Game

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Author Info
Gooni Orshan ()
Peter Sudholter ()
Abstract

The positive core is a nonempty extension of the core of transferable utility games. If the core is nonempty, then it coincides with the core. It shares many properties with the core. Six well-known axioms which are employed in some axiomatizations of the core, the prenucleolus, or the positive prekernel, and one new intuitive axiom, characterize the positive core on any infinite universe of players. This new axiom requires that the solution of a game, whenever it is nonempty, contains an element which is invariant under any symmetry of the game.

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File URL: http://ratio.huji.ac.il/dp/dp_268.pdf
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Publisher Info
Paper provided by Center for Rationality and Interactive Decision Theory, Hebrew University, Jerusalem in its series Discussion Paper Series with number dp268.

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Length: 26 pages
Date of creation: Aug 2001
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Handle: RePEc:huj:dispap:dp268

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  1. Peleg, B, 1986. "On the Reduced Game Property and Its Converse," International Journal of Game Theory, Springer, vol. 15(3), pages 187-200.
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  1. Camelia Bejan & Juan Gómez, 2009. "Core extensions for non-balanced TU-games," International Journal of Game Theory, Springer, vol. 38(1), pages 3-16, March. [Downloadable!] (restricted)
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This page was last updated on 2009-11-29.


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