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A Ramsey Bound on Stable Sets in Jordan Pillage Games

Author

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  • Manfred Kerber
  • Colin Rowat

Abstract

Jordan [2006] defined ‘pillage games’, a class of cooperative games whose dominance operator is represented by a ‘power function’ satisfying coalitional and resource monotonicity axioms. In this environment, he proved that stable sets must be finite. We use graph theory to reinterpret this result, tightening the bound, highlighting the role played by resource monotonicity, and suggesting a strategy for yet tighter bounds.

Suggested Citation

  • Manfred Kerber & Colin Rowat, 2009. "A Ramsey Bound on Stable Sets in Jordan Pillage Games," Discussion Papers 09-01r, Department of Economics, University of Birmingham.
  • Handle: RePEc:bir:birmec:09-01r
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    File URL: ftp://ftp.bham.ac.uk/pub/RePEc/pdf/09-01R.pdf
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    References listed on IDEAS

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    1. Manfred Kerber & Colin Rowat, 2009. "Stable Sets in Three Agent Pillage Games," Discussion Papers 09-07, Department of Economics, University of Birmingham.
    2. Jordan, J.S., 2006. "Pillage and property," Journal of Economic Theory, Elsevier, vol. 131(1), pages 26-44, November.
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    Cited by:

    1. Simon MacKenzie & Manfred Kerber & Colin Rowat, 2015. "Pillage games with multiple stable sets," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(4), pages 993-1013, November.
    2. Manfred Kerber & Colin Rowat, 2012. "Sufficient Conditions for the Unique Stable Sets in Three Agent Pillage Games," Discussion Papers 12-11, Department of Economics, University of Birmingham.
    3. Rowat, Colin & Kerber, Manfred, 2014. "Sufficient conditions for unique stable sets in three agent pillage games," Mathematical Social Sciences, Elsevier, vol. 69(C), pages 69-80.
    4. Beardon, Alan F. & Rowat, Colin, 2013. "Efficient sets are small," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 367-374.

    More about this item

    Keywords

    Pillage; cooperative game theory; stable sets;

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • P14 - Economic Systems - - Capitalist Systems - - - Property Rights

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