Convex decomposition of games and axiomatizations of the core and the D-core

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作者
Francesc Llerena
Carles Rafels
机构
[1] Rovira i Virgili University,Department of Business Administration
[2] University of Barcelona,Department of Actuarial, Financial and Economic Mathematics and CREB
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关键词
Cooperative TU-game; Core; Undominated imputations; Reasonable outcomes; C71;
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摘要
This paper provides an axiomatic framework to compare the D-core (the set of undominated imputations) and the core of a cooperative game with transferable utility. Theorem 1 states that the D-core is the only solution satisfying projection consistency, reasonableness (from above), (*)-antimonotonicity, and modularity. Theorem 2 characterizes the core replacing (*)-antimonotonicity by antimonotonicity. Moreover, these axioms also characterize the core on the domain of convex games, totally balanced games, balanced games, and superadditive games.
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页码:603 / 615
页数:12
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