Cores of Partitioning Games
A generalization of assignment games, called partitioning games, is introduced. Given a finite set N of players, there is an a priori given subset pi of coalitions of N and only coalitions in pi play an essential role. Necessary and sufficient conditions for the non-emptiness of the cores of all games with essential coalitions pi are developed. These conditions appear extremely restrictive. However, when N is "large," there are relatively few "types" of players, and members of pi are "small" and defined in terms of numbers of players of each type contained in subsets, then approximate cores are non-empty.
|Date of creation:||Feb 1982|
|Publication status:||Published in Mathematical Social Sciences (1982), 3: 313-327|
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- Martin Shubik & Myrna Holtz Wooders, 1982. "Approximate Cores of a General Class of Economies. Part I: Replica Games, Externalities, and Approximate Cores," Cowles Foundation Discussion Papers 618, Cowles Foundation for Research in Economics, Yale University.
- Shapley, Lloyd & Scarf, Herbert, 1974. "On cores and indivisibility," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 23-37, March.
- Claude Henry, 1972. "Market Games with Indivisible Commodities and Non-convex Preferences," Review of Economic Studies, Oxford University Press, vol. 39(1), pages 73-76.
- Dierker, Egbert, 1971. "Equilibrium Analysis of Exchange Economies with Indivisible Commodities," Econometrica, Econometric Society, vol. 39(6), pages 997-1008, November.
- Shubik, Martin, 1971. "The "Bridge Game" Economy: An Example of Indivisibilities," Journal of Political Economy, University of Chicago Press, vol. 79(4), pages 909-912, July-Aug..
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