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The bargaining set of four-person balanced games

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Author Info
Tamás Solymosi () (Department of Operations Research, Budapest University of Economic Sciences and Public Administration, 1828 Budapest, Pf. 489, Hungary, phone: +36-1-456 6757, fax: +36-1-456 6435, e-mail: tamas.solymosi@opkut.bke.hu)

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Abstract

It is well known that in three-person transferable-utility cooperative games the bargaining set {\cal M}i1 and the core coincide for any coalition structure, provided the latter solution is not empty. In contrast, five-person totally-balanced games are discussed in the literature in which the bargaining set {\cal M}i1 (for the grand coalition) is larger then the core. This paper answers the equivalence question in the remaining four-person case. We prove that in any four-person game and for arbitrary coalition structure, whenever the core is not empty, it coincides with the bargaining set {\cal M}i1. Our discussion employs a generalization of balancedness to games with coalition structures.

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Publisher Info
Article provided by Springer in its journal International Journal of Game Theory.

Volume (Year): 31 (2002)
Issue (Month): 1 ()
Pages: 1-11
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Handle: RePEc:spr:jogath:v:31:y:2002:i:1:p:1-11

Note: Received: August 2001/Revised version: April 2002
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Related research
Keywords: cooperative game · bargaining set · core · coalition structure;

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This page was last updated on 2009-10-18.


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