IDEAS home Printed from https://ideas.repec.org/p/urv/wpaper/2072-228403.html
   My bibliography  Save this paper

Axiomatization of the nucl eolus of assignment games

Author

Listed:
  • Llerena Garrés, Francesc
  • Nuñez, Marina (Núñez Oliva)

Abstract

On the domain of general assignment games (with possible reservation prices) the core is axiomatized as the unique solution satisfying two consistency principles: projection consistency and derived consistency. Also, an axiomatic characterization of the nucleolus is given as the unique solution that satisfies derived consistency and equal maximum complaint between groups. As a consequence, we obtain a geometric characterization of the nucleolus. Maschler et al. (1979) provide a geometrical characterization for the intersection of the kernel and the core of a coalitional game, showing that those allocations that lie in both sets are always the midpoint of certain bargaining range between each pair of players. In the case of the assignment game, this means that the kernel can be determined as those core allocations where the maximum amount, that can be transferred without getting outside the core, from one agent to his / her optimally matched partner equals the maximum amount that he / she can receive from this partner, also remaining inside the core. We now prove that the nucleolus of the assignment game can be characterized by requiring this bisection property be satisfied not only for optimally matched pairs but also for optimally matched coalitions. Key words: cooperative games, assignment game, core, nucleolus

Suggested Citation

  • Llerena Garrés, Francesc & Nuñez, Marina (Núñez Oliva), 2014. "Axiomatization of the nucl eolus of assignment games," Working Papers 2072/228403, Universitat Rovira i Virgili, Department of Economics.
  • Handle: RePEc:urv:wpaper:2072/228403
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/2072/228403
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Maike Hoffmann & Peter Sudhölter, 2007. "The Shapley value of exact assignment games," International Journal of Game Theory, Springer;Game Theory Society, vol. 35(4), pages 557-568, April.
    2. Rochford, Sharon C., 1984. "Symmetrically pairwise-bargained allocations in an assignment market," Journal of Economic Theory, Elsevier, vol. 34(2), pages 262-281, December.
    3. Guillermo Owen, 1992. "The Assignment Game : The Reduced Game," Annals of Economics and Statistics, GENES, issue 25-26, pages 71-79.
    4. Peleg, B, 1986. "On the Reduced Game Property and Its Converse," International Journal of Game Theory, Springer;Game Theory Society, vol. 15(3), pages 187-200.
    5. Potters, Jos A M, 1991. "An Axiomatization of the Nucleolus," International Journal of Game Theory, Springer;Game Theory Society, vol. 19(4), pages 365-373.
    6. Francesc Llerena & Marina Nunez, 2011. "A geometric characterization of the nucleolus of the assignment game," Economics Bulletin, AccessEcon, vol. 31(4), pages 3275-3285.
    7. Sasaki, Hiroo, 1995. "Consistency and Monotonicity in Assignment Problems," International Journal of Game Theory, Springer;Game Theory Society, vol. 24(4), pages 373-397.
    8. repec:adr:anecst:y:1992:i:25-26:p:03 is not listed on IDEAS
    9. Potters, J.A.M. & Tijs, S.H., 1992. "The nucleolus of a matrix game and other nucleoli," Other publications TiSEM ae3402e7-bd19-494b-b0a1-f, Tilburg University, School of Economics and Management.
    10. SCHMEIDLER, David, 1969. "The nucleolus of a characteristic function game," LIDAM Reprints CORE 44, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    11. Morton Davis & Michael Maschler, 1965. "The kernel of a cooperative game," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 12(3), pages 223-259, September.
    12. Solymosi, Tamas & Raghavan, Tirukkannamangai E S, 1994. "An Algorithm for Finding the Nucleolus of Asignment Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 23(2), pages 119-143.
    13. Toda, Manabu, 2005. "Axiomatization of the core of assignment games," Games and Economic Behavior, Elsevier, vol. 53(2), pages 248-261, November.
    14. Theo S. H. Driessen, 1998. "A note on the inclusion of the kernel in the core of the bilateral assignment game," International Journal of Game Theory, Springer;Game Theory Society, vol. 27(2), pages 301-303.
    15. M. Maschler & B. Peleg & L. S. Shapley, 1979. "Geometric Properties of the Kernel, Nucleolus, and Related Solution Concepts," Mathematics of Operations Research, INFORMS, vol. 4(4), pages 303-338, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nax, Heinrich H. & Pradelski, Bary S. R., 2015. "Evolutionary dynamics and equitable core selection in assignment games," LSE Research Online Documents on Economics 65428, London School of Economics and Political Science, LSE Library.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Francesc Llerena & Marina Núñez & Carles Rafels, 2015. "An axiomatization of the nucleolus of assignment markets," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(1), pages 1-15, February.
    2. Ata Atay & Francesc Llerena & Marina Núñez, 2016. "Generalized three-sided assignment markets: core consistency and competitive prices," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 24(3), pages 572-593, October.
    3. Heinrich Nax & Bary Pradelski, 2015. "Evolutionary dynamics and equitable core selection in assignment games," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(4), pages 903-932, November.
    4. Núñez, Marina & Rafels, Carles, 2009. "A glove-market partitioned matrix related to the assignment game," Games and Economic Behavior, Elsevier, vol. 67(2), pages 598-610, November.
    5. van den Brink, René & Pintér, Miklós, 2015. "On axiomatizations of the Shapley value for assignment games," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 110-114.
    6. Marina Núñez & Carles Rafels, 2006. "A Canonical Representation for the Assignment Game: the Kernel and the Nucleolus," Working Papers 279, Barcelona School of Economics.
    7. Tamás Solymosi, 2019. "Weighted nucleoli and dually essential coalitions (extended version)," CERS-IE WORKING PAPERS 1914, Institute of Economics, Centre for Economic and Regional Studies.
    8. Elena Iñarra & Roberto Serrano & Ken-Ichi Shimomura, 2020. "The Nucleolus, the Kernel, and the Bargaining Set: An Update," Revue économique, Presses de Sciences-Po, vol. 71(2), pages 225-266.
    9. Peter Borm & Herbert Hamers & Ruud Hendrickx, 2001. "Operations research games: A survey," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 9(2), pages 139-199, December.
    10. R. Branzei & E. Gutiérrez & N. Llorca & J. Sánchez-Soriano, 2021. "Does it make sense to analyse a two-sided market as a multi-choice game?," Annals of Operations Research, Springer, vol. 301(1), pages 17-40, June.
    11. Tamás Solymosi, 2019. "Weighted nucleoli and dually essential coalitions," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1087-1109, December.
    12. Oriol Tejada & Carles Rafels, 2010. "Symmetrically multilateral-bargained allocations in multi-sided assignment markets," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(1), pages 249-258, March.
    13. F.Javier Martínez-de-Albéniz & Carles Rafels & Neus Ybern, 2015. "Insights into the nucleolus of the assignment game," UB School of Economics Working Papers 2015/333, University of Barcelona School of Economics.
    14. Nax, Heinrich H. & Pradelski, Bary S. R., 2015. "Evolutionary dynamics and equitable core selection in assignment games," LSE Research Online Documents on Economics 65428, London School of Economics and Political Science, LSE Library.
    15. H. Andrew Michener & Daniel J. Myers, 1998. "Probabilistic Coalition Structure Theories," Journal of Conflict Resolution, Peace Science Society (International), vol. 42(6), pages 830-860, December.
    16. Francesc Llerena & Marina Nunez, 2011. "A geometric characterization of the nucleolus of the assignment game," Economics Bulletin, AccessEcon, vol. 31(4), pages 3275-3285.
    17. Tamas Solymosi & Balazs Sziklai, 2015. "Universal Characterization Sets for the Nucleolus in Balanced Games," CERS-IE WORKING PAPERS 1512, Institute of Economics, Centre for Economic and Regional Studies.
    18. William Thomson, 2011. "Consistency and its converse: an introduction," Review of Economic Design, Springer;Society for Economic Design, vol. 15(4), pages 257-291, December.
    19. Pedro Calleja & Francesc Llerena & Peter Sudhölter, 2020. "Monotonicity and Weighted Prenucleoli: A Characterization Without Consistency," Mathematics of Operations Research, INFORMS, vol. 45(3), pages 1056-1068, August.
    20. Meinhardt, Holger Ingmar, 2020. "On the Replication of the Pre-Kernel and Related Solutions," MPRA Paper 102676, University Library of Munich, Germany.

    More about this item

    Keywords

    Jocs cooperatius; 33 - Economia;

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:urv:wpaper:2072/228403. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ariadna Casals (email available below). General contact details of provider: https://edirc.repec.org/data/deurves.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.