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The truncated core for games with limited aspirations


  • Anne van den Nouweland

    () (University of Oregon)

  • Luisa Carpente

    () (University of La Coruña)

  • Balbina Casas-Méndez

    () (University of Santiago de Compostela)

  • Ignacio García-Jurado

    () (University of Santiago de Compostela)


We define and study games with limited aspirations. In a game with limited aspirations there are upper bounds on the possible payoffs for some coalitions. These restrictions require adjustments in the definitions of solution concepts. In the current paper we study the effect of the restrictions on the core and define and study the so-called truncated core.

Suggested Citation

  • Anne van den Nouweland & Luisa Carpente & Balbina Casas-Méndez & Ignacio García-Jurado, 2007. "The truncated core for games with limited aspirations," University of Oregon Economics Department Working Papers 2007-13, University of Oregon Economics Department.
  • Handle: RePEc:ore:uoecwp:2007-13

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    References listed on IDEAS

    1. Randall G. Holcombe & Donald J. Lacombe, 2004. "The Effect of State Income Taxation on Per Capita Income Growth," Public Finance Review, , vol. 32(3), pages 292-312, May.
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    3. Mark, Stephen T. & McGuire, Therese J. & Papke, Leslie E., 2000. "The Influence of Taxes on Employment and Population Growth: Evidence from the Washington, D.C. Metropolitan Area," National Tax Journal, National Tax Association, vol. 53(n. 1), pages 105-24, March.
    4. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
    5. Alfredo M. Pereira, 2000. "Is All Public Capital Created Equal?," The Review of Economics and Statistics, MIT Press, vol. 82(3), pages 513-518, August.
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    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling

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