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The aggregate-monotonic core

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  • Calleja, Pedro
  • Rafels, Carles
  • Tijs, Stef

Abstract

We introduce the aggregate-monotonic core as the set of allocations of a transferable utility cooperative game attainable by single-valued solutions that satisfy core-selection and aggregate-monotonicity. We provide a necessary and sufficient condition for the coincidence of the core and the aggregate-monotonic core. Finally, we introduce upper and lower aggregate-monotonicity for set-valued solutions, and characterize the aggregate-monotonic core using core-selection and upper and lower aggregate-monotonicity.

Suggested Citation

  • Calleja, Pedro & Rafels, Carles & Tijs, Stef, 2009. "The aggregate-monotonic core," Games and Economic Behavior, Elsevier, vol. 66(2), pages 742-748, July.
    • Handle: RePEc:eee:gamebe:v:66:y:2009:i:2:p:742-748
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    References listed on IDEAS

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    6. Victor Zakharov & Maria Dementieva, 2004. "Multistage Cooperative Games And Problem Of Time Consistency," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 6(01), pages 157-170.
    7. Kannai, Yakar, 1992. "The core and balancedness," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 12, pages 355-395, Elsevier.
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    Citations

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    Cited by:

    1. Stéphane Gonzalez & Aymeric Lardon, 2018. "Optimal deterrence of cooperation," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(1), pages 207-227, March.
    2. J. Arin, 2013. "Monotonic core solutions: beyond Young’s theorem," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(2), pages 325-337, May.
    3. Dietzenbacher, Bas, 2020. "Monotonicity and Egalitarianism (revision of CentER DP 2019-007)," Discussion Paper 2020-003, Tilburg University, Center for Economic Research.
    4. Aymeric Lardon, 2019. "On the coalitional stability of monopoly power in differentiated Bertrand and Cournot oligopolies," Theory and Decision, Springer, vol. 87(4), pages 421-449, November.
    5. Pedro Calleja & Carles Rafels & Stef Tijs, 2012. "Aggregate monotonic stable single-valued solutions for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 41(4), pages 899-913, November.
    6. Rogna, Marco, 2021. "The central core and the mid-central core as novel set-valued and point-valued solution concepts for transferable utility coalitional games," Mathematical Social Sciences, Elsevier, vol. 109(C), pages 1-11.
    7. Julio González-Díaz & Miguel Mirás Calvo & Carmen Sandomingo & Estela Rodríguez, 2015. "Monotonicity of the core-center of the airport game," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 23(3), pages 773-798, October.
    8. Josep Maria Izquierdo & Carlos Rafels, 2017. "The incentive core in co-investment problems," UB School of Economics Working Papers 2017/369, University of Barcelona School of Economics.
    9. Dietzenbacher, Bas, 2021. "Monotonicity and egalitarianism," Games and Economic Behavior, Elsevier, vol. 127(C), pages 194-205.
    10. Pedro Calleja & Carles Rafels & Stef Tijs, 2010. "Aggregate monotonic stable single-valued solutions for cooperative games," Working Papers in Economics 237, Universitat de Barcelona. Espai de Recerca en Economia.

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