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Note Core and monotonic allocation methods

Author

Listed:
  • David Housman

    () (Department of Mathematics, Goshen College, 1700 South Main Street, Goshen, Indiana 46526, USA)

  • (*), Lori Clark

    () (Marketing Planning & Systems, Chadwick's at Boston, 35 United Drive, West Bridgewater, MA 02379, USA)

Abstract

Young showed in a paper of 1985 (Int. J. Game Theory 14, 65-72) that no core allocation method can be coalitionally monotonic on cooperative games with five or more players. This note extends Young's result. No core allocation method can be coalitionally monotonic on cooperative games with four or more players, and there is an infinite class of core allocation methods that are coalitionally monotonic on three-player cooperative games. Journal of Economic Literature

Suggested Citation

  • David Housman & (*), Lori Clark, 1998. "Note Core and monotonic allocation methods," International Journal of Game Theory, Springer;Game Theory Society, vol. 27(4), pages 611-616.
  • Handle: RePEc:spr:jogath:v:27:y:1998:i:4:p:611-616
    Note: Received October 1996/Revised version June 1998
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    Citations

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    Cited by:

    1. Calleja, Pedro & Rafels, Carles & Tijs, Stef, 2009. "The aggregate-monotonic core," Games and Economic Behavior, Elsevier, vol. 66(2), pages 742-748, July.
    2. Summerfield, Nichalin S. & Dror, Moshe, 2012. "Stochastic programming for decentralized newsvendor with transshipment," International Journal of Production Economics, Elsevier, vol. 137(2), pages 292-303.
    3. Calleja, Pere & Llerena Garrés, Francesc, 2015. "On the (in)compatibility of rationality, monotonicity and consistency for cooperative games," Working Papers 2072/247807, Universitat Rovira i Virgili, Department of Economics.
    4. Pedro Calleja & Carles Rafels & Stef Tijs, 2006. "The Aggregate-Monotonic Core," Working Papers 280, Barcelona Graduate School of Economics.
    5. Biswas, Amit K. & Parthasarathy, T. & Ravindran, G., 2001. "Stability and Largeness of the Core," Games and Economic Behavior, Elsevier, vol. 34(2), pages 227-237, February.
    6. Julio González-Díaz & Estela Sánchez-Rodríguez, 2007. "A natural selection from the core of a TU game: the core-center," International Journal of Game Theory, Springer;Game Theory Society, vol. 36(1), pages 27-46, September.
    7. Pedro Calleja & Carles Rafels & Stef Tijs, 2012. "Aggregate monotonic stable single-valued solutions for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 41(4), pages 899-913, November.
    8. Csóka Péter & Pintér Miklós, 2016. "On the Impossibility of Fair Risk Allocation," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 16(1), pages 143-158, January.
    9. J. Arin, 2013. "Monotonic core solutions: beyond Young’s theorem," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(2), pages 325-337, May.
    10. Julio González-Díaz & Miguel Mirás Calvo & Carmen Sandomingo & Estela Rodríguez, 2015. "Monotonicity of the core-center of the airport game," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 23(3), pages 773-798, October.
    11. Hougaard, Jens Leth & Østerdal, Lars Peter, 2010. "Monotonicity of social welfare optima," Games and Economic Behavior, Elsevier, vol. 70(2), pages 392-402, November.
    12. Pedro Calleja & Francesc Llerena, 2017. "Rationality, aggregate monotonicity and consistency in cooperative games: some (im)possibility results," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(1), pages 197-220, January.
    13. Josep Maria Izquierdo Aznar & Carlos Rafels Pallarola, 2002. "Coalitionally Monotonic Set-solutions for Cooperative TU Games," Working Papers in Economics 75, Universitat de Barcelona. Espai de Recerca en Economia.
    14. Hans Keiding, 2011. "Maximizing selections from the core of a cooperative game," Journal of Global Optimization, Springer, vol. 50(1), pages 107-118, May.
    15. Özen, Ulaş & Erkip, Nesim & Slikker, Marco, 2012. "Stability and monotonicity in newsvendor situations," European Journal of Operational Research, Elsevier, vol. 218(2), pages 416-425.
    16. Pedro Calleja & Carles Rafels & Stef Tijs, 2010. "Aggregate monotonic stable single-valued solutions for cooperative games," Working Papers in Economics 237, Universitat de Barcelona. Espai de Recerca en Economia.

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