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Advances In The Theory Of Large Cooperative Games And Applications To Club Theory : The Side Payments Case Author info | Abstract | Publisher info | Download info | Related research | Statistics Kovalenkov, Alexander (University of North Carolina at Chapel Hill)
Wooders, Myrna (University of Warwick)
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In a series of papers (Kovalenkov and Wooders 2001a, Games and Economic Behavior, 2001b,Mathematics of Operations Research, and 1997, Journal of Economic Theory to appear), the authors have developed the framework of parameterized collections of games and also that of parameterized collections of economies with clubs. These papers apply to collections of games with nontransferable utility and similarly to economies with clubs and general preferences. The game theoretic framework encompasses the earlier `pregame' framework (cf., Wooders 1994b Econometrica) and also earlier models of economies with clubs and with possibly multiple memberships in clubs (cf. Shubik and Wooders 1982). In this paper, we consider the special case of games with side payments and illustrate the application of our more general results in this special, and much simpler but still important, framework. The motivation for this line of research is developed and application to environmental problems is discussed.
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number
641.
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Length: 28 pages
Date of creation: 2002Date of revision:
Handle: RePEc:wrk:warwec:641Contact details of provider: Postal: CV4 7AL COVENTRY Phone: +44 (0) 2476 523202 Fax: +44 (0) 2476 523032 Web page: http://www2.warwick.ac.uk/fac/soc/economics/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Margaret Nash).
Keywords: cooperative games ; clubs ; core ; approximate cores ; widespread externalities ; multiple memberships ; local public goods ; Other versions of this item:
References listed on IDEAS 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.: Conley, John P. & Wooders, Myrna H., 2001.
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Journal of Economic Theory ,
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Wooders, Myrna Holtz, 1992.
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Economic Theory ,
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"On the Core of an Economic System with Externalities ,"
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[Downloadable!] (restricted)
Alexander Kovalenkov & Myrna H. Wooders, 1998.
"Approximate cores of games and economies with clubs ,"
Working Papers
mwooders-00-01, University of Toronto, Department of Economics.
[Downloadable!]
Other versions:
Kovalenkov, Alexander & Wooders, Myrna Holtz, 1999.
"Approximate Cores Of Games And Economies With Clubs ,"
The Warwick Economics Research Paper Series (TWERPS)
535, University of Warwick, Department of Economics.
[Downloadable!] Kovalenkov, Alexander & Wooders, Myrna Holtz, 2002.
"Approximate Cores Of Games And Economies With Clubs ,"
The Warwick Economics Research Paper Series (TWERPS)
634, University of Warwick, Department of Economics.
[Downloadable!] Alexander Kovalenkov & Myrna Holtz Wooders, 2000.
"Approximate Cores of Games and Economies with Clubs ,"
Econometric Society World Congress 2000 Contributed Papers
1790, Econometric Society.
[Downloadable!] Kovalenkov, Alexander & Wooders, Myrna, 2003.
"Approximate cores of games and economies with clubs ,"
Journal of Economic Theory ,
Elsevier, vol. 110(1), pages 87-120, May.
[Downloadable!] (restricted) Kaneko, Mamoru & Wooders, Myrna Holtz, 1996.
"The Nonemptiness of the f-Core of a Game without Side Payments ,"
International Journal of Game Theory ,
Springer, vol. 25(2), pages 245-58.
Herbert E. Scarf, 1965.
"The Core of an N Person Game ,"
Cowles Foundation Discussion Papers
182R, Cowles Foundation, Yale University.
[Downloadable!]
Wooders, Myrna Holtz, 1994.
"Equivalence of Games and Markets ,"
Econometrica ,
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Kirman, Alan, 2007.
"Introduction ,"
Macroeconomic Dynamics ,
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Bennett, Elaine & Wooders, Myrna, 1979.
"Income distribution and firm formation ,"
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Conley, John P. & Wooders, Myrna H., 1997.
"Equivalence of the Core and Competitive Equilibrium in a Tiebout Economy with Crowding Types ,"
Journal of Urban Economics ,
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[Downloadable!] (restricted)
Manelli, Alejandro M, 1991.
"Monotonic Preferences and Core Equivalence ,"
Econometrica ,
Econometric Society, vol. 59(1), pages 123-38, January.
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Allouch, Nizar & Wooders, Myrna, 2002.
"Competitive Pricing In Socially Networked Economies ,"
The Warwick Economics Research Paper Series (TWERPS)
639, University of Warwick, Department of Economics.
[Downloadable!]
Ostroy, Joseph M, 1984.
"A Reformulation of the Marginal Productivity Theory of Distribution ,"
Econometrica ,
Econometric Society, vol. 52(3), pages 599-630, May.
[Downloadable!] (restricted)
Kelso, Alexander S, Jr & Crawford, Vincent P, 1982.
"Job Matching, Coalition Formation, and Gross Substitutes ,"
Econometrica ,
Econometric Society, vol. 50(6), pages 1483-1504, November.
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Forges, F. & Heifetz, A. & Minelli, E., 1999.
"Incentive Compatible Core and Competitive Equilibria in Differential Information Economies ,"
Papers
34-99, Tel Aviv.
Other versions:
F. Forges & A. Heifetz & E. Minelli, 1999.
"Incentive compatible core and competitive equilibria in differential information economies ,"
THEMA Working Papers
99-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
Forges, F. & Heifetz, A. & Minelli, E., 1999.
"Incentive Compatible Core and Competitive Equilibria in Differential Information Economics ,"
Papers
99-06, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
Wooders, Myrna Holtz & Zame, William R, 1984.
"Approximate Cores of Large Games ,"
Econometrica ,
Econometric Society, vol. 52(6), pages 1327-50, November.
[Downloadable!] (restricted)
Alexander Kovalenkov & Myrna H. Wooders, 1999.
"An explicit bound on epsilon for nonemptiness of Epsilon-cores of games ,"
Working Papers
mwooders-00-03, University of Toronto, Department of Economics.
[Downloadable!]
Shubik, Martin & Wooders, Myrna Holtz, 1983.
"Approximate cores of replica games and economies. Part I: Replica games, externalities, and approximate cores ,"
Mathematical Social Sciences ,
Elsevier, vol. 6(1), pages 27-48, October.
[Downloadable!] (restricted)
Anderson, Robert M., 1992.
"The core in perfectly competitive economies ,"
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 14, pages 413-457
Elsevier.
[Downloadable!] (restricted)
Crawford, Vincent P & Knoer, Elsie Marie, 1981.
"Job Matching with Heterogeneous Firms and Workers ,"
Econometrica ,
Econometric Society, vol. 49(2), pages 437-50, March.
[Downloadable!] (restricted)
Yi, Sang-Seung, 1997.
"Stable Coalition Structures with Externalities ,"
Games and Economic Behavior ,
Elsevier, vol. 20(2), pages 201-237, August.
[Downloadable!] (restricted)
Bryan Ellickson & Birgit Grodal & Suzanne Scotchmer & William R. Zame, 1999.
"Clubs and the Market ,"
Discussion Papers
99-04, University of Copenhagen. Department of Economics.
[Downloadable!]
Other versions: Myrna Holtz Wooders, 1992.
"Large Games and Economies With Effective Small Groups ,"
Discussion Paper Serie B
215, University of Bonn, Germany, revised Aug 1992.
Kaneko, Mamoru & Wooders, Myrna Holtz, 1986.
"The core of a game with a continuum of players and finite coalitions: The model and some results ,"
Mathematical Social Sciences ,
Elsevier, vol. 12(2), pages 105-137, October.
[Downloadable!] (restricted)
Mamoru Kaneko & Myrna Holtz Wooders, 1982.
"Cores of Partitioning Games ,"
Cowles Foundation Discussion Papers
620, Cowles Foundation, Yale University.
[Downloadable!]
Other versions: Ray, D. & Vohra, R., 1996.
"A Theory of Endogenous Coalition Structure ,"
Papers
68, Boston University - Industry Studies Programme.
Other versions:
Debraj Ray & Rajiv Vohra, 1996.
"A Theory of Endogenous Coalition Structure ,"
Papers
0068, Boston University - Industry Studies Programme.
Debraj Ray & Rajiv Vohra, 1998.
"A Theory of Endogenous Coalition Structures ,"
Working Papers
98-1, Brown University, Department of Economics, revised Jan 1998.
Ray, Debraj & Vohra, Rajiv, 1999.
"A Theory of Endogenous Coalition Structures ,"
Games and Economic Behavior ,
Elsevier, vol. 26(2), pages 286-336, January.
[Downloadable!] (restricted) Demange, Gabrielle, 1994.
"Intermediate preferences and stable coalition structures ,"
Journal of Mathematical Economics ,
Elsevier, vol. 23(1), pages 45-58, January.
[Downloadable!] (restricted)
Other versions: 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)
Alexander Kovalenkov & Myrna Holtz Wooders, 1997.
"Epsilon cores of games and economies with limited side payments ,"
Working Papers
mwooders-98-03, University of Toronto, Department of Economics.
[Downloadable!]
Other versions:
Kovalenkov, A. & Holtz Wooders, M., 1997.
"Epsilon Cores of Games and Economies With Limited Side Payments ,"
UFAE and IAE Working Papers
392.97, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
Alexander Kovalenkov & Myrna H. Wooders, 2000.
"Epsilon cores of games and economies with limited side payments ,"
Working Papers
mwooders-00-02, University of Toronto, Department of Economics.
[Downloadable!] Alexander Kovalenkovy & Wooders, Myrna Holtz, 1999.
"Epsilon cores of games and economies with limited side payments ,"
The Warwick Economics Research Paper Series (TWERPS)
536, University of Warwick, Department of Economics.
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"Continuity Properties of the Core of a Market ,"
Econometrica ,
Econometric Society, vol. 38(6), pages 791-815, November.
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Wooders, Myrna Holtz, 1983.
"The epsilon core of a large replica game ,"
Journal of Mathematical Economics ,
Elsevier, vol. 11(3), pages 277-300, July.
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Le Breton, M & Owen, G & Weber, S, 1992.
"Strongly Balanced Cooperative Games ,"
International Journal of Game Theory ,
Springer, vol. 20(4), pages 419-27.
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Le Breton, M. & Owen, G. & Weber, S., 1991.
"Strongly Balanced Cooperative Games ,"
Papers
92-3, York (Canada) - Department of Economics.
Le Breton, M. & Owen, G. & Weber, S., 1991.
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G.R.E.Q.A.M.
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Le Breton,Michel & Owen,Guillermo & Weber,Shlomo, 1991.
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Discussion Paper Serie A
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"The core of a continuum economy with widespread externalities and finite coalitions: From finite to continuum economies ,"
Journal of Economic Theory ,
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Roth, Alvin E, 1984.
"The Evolution of the Labor Market for Medical Interns and Residents: A Case Study in Game Theory ,"
Journal of Political Economy ,
University of Chicago Press, vol. 92(6), pages 991-1016, December.
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Hammond, Peter J., 1999.
"On f-core equivalence with general widespread externalities ,"
Journal of Mathematical Economics ,
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Other versions: Mas-Colell, Andreu, 1979.
"A refinement of the core equivalence theorem ,"
Economics Letters ,
Elsevier, vol. 3(4), pages 307-310.
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Wooders, Myrna, 1978.
"Equilibria, the core, and jurisdiction structures in economies with a local public good ,"
Journal of Economic Theory ,
Elsevier, vol. 18(2), pages 328-348, August.
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Demange, Gabrielle, 1982.
"Single-peaked orders on a tree ,"
Mathematical Social Sciences ,
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Garratt, Rod & Qin, Cheng-Zhong, 1996.
"Cores and Competitive Equilibria with Indivisibilities and Lotteries ,"
Journal of Economic Theory ,
Elsevier, vol. 68(2), pages 531-543, February.
[Downloadable!] (restricted)
Other versions: Hammond, Peter J. & Kaneko, Mamoru & Wooders, Myrna Holtz, 1989.
"Continuum economies with finite coalitions: Core, equilibria, and widespread externalities ,"
Journal of Economic Theory ,
Elsevier, vol. 49(1), pages 113-134, October.
[Downloadable!] (restricted)
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