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The Core of Large TU Games

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Author Info
Larry G. Epstein () (University of Rochester)
Massimo Marinacci () (University of Torino)

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Abstract

For non-atomic TU games nu satisfying suitable conditions, the core can be determined by computing appropriate derivatives of nu. Further, such computations yield one of two stark conclusions: either core(nu) is empty or it consists of a single measure that can be expressed explicitly in terms of derivatives of $\nu $. In this sense, core theory for a class of games may be reduced to calculus.

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File URL: http://rcer.econ.rochester.edu/RCERPAPERS/rcer_469.pdf
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Publisher Info
Paper provided by University of Rochester - Center for Economic Research (RCER) in its series RCER Working Papers with number 469.

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Length: 41 pages
Date of creation: Apr 2000
Date of revision:
Handle: RePEc:roc:rocher:469

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Postal: UNIVERSITY OF ROCHESTER, CENTER FOR ECONOMIC RESEARCH, DEPARTMENT OF ECONOMICS, HARKNESS 231 ROCHESTER NEW YORK 14627 U.S.A.

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Related research
Keywords: core transferable utility non atomic game

Find related papers by JEL classification:
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Diego Moreno & Benyamin Shitovitz & Ezra Einy, 1999. "The core of a class of non-atomic games which arise in economic applications," International Journal of Game Theory, Springer, vol. 28(1), pages 1-14. [Downloadable!] (restricted)
  2. Schmeidler, David, 1989. "Subjective Probability and Expected Utility without Additivity," Econometrica, Econometric Society, vol. 57(3), pages 571-87, May. [Downloadable!] (restricted)
  3. Epstein, Larry G, 1999. "A Definition of Uncertainty Aversion," Review of Economic Studies, Blackwell Publishing, vol. 66(3), pages 579-608, July. [Downloadable!] (restricted)
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This page was last updated on 2008-11-26.


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