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Consistency, converse consistency, and aspirations in coalitional games

Author

Listed:
  • HOKARI, T.
  • KIBRIS, Ö.

Abstract

In the problems of choosing "aspirations" for coalitional games, we study two axioms, "MW-consistency" and "converse MW-consistency",introduced by Moldovanu and Winter (1994). We mainly consider two domains: thedomain of all NTU games and the domain of all TU games. In particular, westudy which subsolutions of the aspiration correspondence satisfy MW-consistency and/or converse MWconsistency. We also provide axiomatic characterizations of the aspiration kernel and the aspiration nucleolus on the domain of all TU games.

Suggested Citation

  • Hokari, T. & Kibris, Ö., 2001. "Consistency, converse consistency, and aspirations in coalitional games," LIDAM Discussion Papers CORE 2001030, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2001030
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    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp2001.html
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    More about this item

    Keywords

    aspirations; coalitional games; consistency; converse consistency; reduced games;
    All these keywords.

    JEL classification:

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

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