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Non-emptiness of the alpha-core: sufficient and necessary conditions

Author

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  • Achille Basile

    (University of Naples Federico II)

  • Vincenzo Scalzo

    (University of Naples Federico II)

Abstract

We give sufficient and necessary conditions for the non-emptiness of the alpha-core in the setting of strategic games with non-ordered and discontinuous preferences. In order to prove our results, we can avoid the use of Scarf’s Theorem for NTU-games, by suitably appealing to the Ky Fan minimax inequality. Examples clarify our conditions and allow the comparison of our results with the previous ones.

Suggested Citation

  • Achille Basile & Vincenzo Scalzo, 2020. "Non-emptiness of the alpha-core: sufficient and necessary conditions," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(4), pages 1143-1153, December.
  • Handle: RePEc:spr:jogath:v:49:y:2020:i:4:d:10.1007_s00182-020-00736-y
    DOI: 10.1007/s00182-020-00736-y
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    References listed on IDEAS

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    1. Paulo Barelli & Idione Meneghel, 2013. "A Note on the Equilibrium Existence Problem in Discontinuous Games," Econometrica, Econometric Society, vol. 81(2), pages 813-824, March.
    2. Scarf, Herbert E., 1971. "On the existence of a coopertive solution for a general class of N-person games," Journal of Economic Theory, Elsevier, vol. 3(2), pages 169-181, June.
    3. Vincenzo Scalzo, 2013. "Essential equilibria of discontinuous games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(1), pages 27-44, September.
    4. Rabia Nessah & Guoqiang Tian, 2016. "On the existence of Nash equilibrium in discontinuous games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(3), pages 515-540, March.
    5. Michael R. Baye & Guoqiang Tian & Jianxin Zhou, 1993. "Characterizations of the Existence of Equilibria in Games with Discontinuous and Non-quasiconcave Payoffs," Review of Economic Studies, Oxford University Press, vol. 60(4), pages 935-948.
    6. Campbell, Donald E. & Walker, Mark, 1990. "Maximal elements of weakly continuous relations," Journal of Economic Theory, Elsevier, vol. 50(2), pages 459-464, April.
    7. Kajii, Atsushi, 1992. "A generalization of Scarf's theorem: An [alpha]-core existence theorem without transitivity or completeness," Journal of Economic Theory, Elsevier, vol. 56(1), pages 194-205, February.
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    Citations

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    Cited by:

    1. Fonseca-Mairena, María Haydée & Triossi, Matteo, 2022. "Incentives and implementation in allocation problems with externalities," Journal of Mathematical Economics, Elsevier, vol. 99(C).
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    4. Scalzo, Vincenzo, 2020. "Doubly Strong Equilibrium," MPRA Paper 99329, University Library of Munich, Germany.

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    More about this item

    Keywords

    Games with non-ordered preferences; Discontinuous games; Non-emptiness of the alpha-core;
    All these keywords.

    JEL classification:

    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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