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Axiomatization of the core of positive games

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  • Pierre Dehez

    (UCLouvain)

Abstract

We show that, when restricted to positive games, games whose Harsanyi dividends are non-negative, additivity together with efficiency, individual rationality and the null player property, characterizes the core as a maximal set-valued solution.

Suggested Citation

  • Pierre Dehez, 2024. "Axiomatization of the core of positive games," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 12(2), pages 219-228, December.
  • Handle: RePEc:spr:etbull:v:12:y:2024:i:2:d:10.1007_s40505-024-00276-8
    DOI: 10.1007/s40505-024-00276-8
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    References listed on IDEAS

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    1. Dragan, I. & Potters, J.A.M. & Tijs, S.H., 1989. "Superadditivity for solutions of coalitional games," Other publications TiSEM 283e2594-e3a0-418d-ae5e-2, Tilburg University, School of Economics and Management.
    2. Zhao, Jingang, 2018. "Three little-known and yet still significant contributions of Lloyd Shapley," Games and Economic Behavior, Elsevier, vol. 108(C), pages 592-599.
    3. Pierre Dehez, 2011. "Allocation Of Fixed Costs: Characterization Of The (Dual) Weighted Shapley Value," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 141-157.
    4. Ichiishi, Tatsuro, 1981. "Super-modularity: Applications to convex games and to the greedy algorithm for LP," Journal of Economic Theory, Elsevier, vol. 25(2), pages 283-286, October.
    5. Jean Derks & Hans Haller & Hans Peters, 2000. "The selectope for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 29(1), pages 23-38.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Core; Convex games; Positive games;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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