36 Citations
Competitive outcomes and the inner core of NTU market games
- Economics
- 2014
We consider the inner core as a solution concept for cooperative games with non-transferable utility (NTU) and its relationship to payoffs of competitive equilibria of markets that are induced by NTU…
Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs
- Economics
- 2011
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining games with complete information. We show that the set of asymmetric Nash…
4. Market Games with Asymmetric Information : Verification and the Publicly Predictable Information Core
- Economics
- 1993
For cooperative (NTU) games generated by finite exchange economies with asymmetric information about comrnon payoff-relevant states of the world, private information use is equivalent to the publicly…
Competitive outcomes and the core of TU market games
- Economics, Mathematics
- 2011
We investigate the relationship between certain subsets of the core for TU market games and competitive payoff vectors of certain markets linked to that game. This can be considered as the case in…
econstor Make Your Publications Visible . A Service of zbw
- Mathematics, Economics
- 2011
We investigate the relationship between certain subsets of the core for TU market games and competitive payoff vectors of certain markets linked to that game. This can be considered as the case in…
Competitive outcomes and the inner core of NTU market games
- EconomicsEconomic Theory
- 2014
We consider the inner core as a solution concept for cooperative games with non-transferable utility (NTU) and its relationship to payoffs of competitive equilibria of markets that are induced by NTU…
Allen Market games with asymmetric information : the core
- Economics
- 2006
This paper concerns cores of economies with asymmetric information. Alternative definitions of the information available to traders in coalitions and the cooperative games they generate are analyzed.…
The Nonemptiness of the Inner Core
- EconomicsAdvances in Mathematical Economics
- 2020
We prove that if a non-transferable utility (NTU) game is cardinally balanced and if, at every individually rational and efficient payoff vector, every non-zero normal vector to the set of payoff…
Duality for General TU-games Redefined
- Economics
- 2019
We criticize some conceptual weaknesses in the recent literature on coalitional TUgames and propose, based on our critics, a new definition of dual TU-games that coincides with the one in the…
Munich Personal RePEc Archive Market games and clubs
- Economics
- 2018
The equivalence of markets and games concerns the relationship between two sorts of structures that appear fundamentally di¤erent markets and games. Shapley and Shubik (1969) demonstrates that: (1)…
References
SHOWING 1-7 OF 7 REFERENCES
The Core of an N Person Game
- Economics
- 1967
THE PROBLEMS of distribution in an economic system may be analysed either by means of the behavioral assumptions of a competitive model or by the more flexible techniques of n person game theory. In…
A characterization of polyhedral market games
- Economics
- 1973
The class of games without side payments obtainable from markets having finitely many commodities and continuous concave utility functions is considered. It is first shown that each of these…
Theory of Microeconomics
- Economics
- 1972
Theory of Microeconomics provides information pertinent to the fundamental aspects of microeconomics. This book covers a variety of topics, including economic theory, resource allocation, production…
A characterization of Pareto surfaces
- Economics
- 1973
Given n concave continuous functions u, defined over the unit m-cube Im, the corresponding attainable set V and Pareto surface P are defined. In the economic interpretation, V corresponds to the set…