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The truncated core for games with limited aspirations

Author

Listed:
  • Anne van den Nouweland

    (University of Oregon)

  • Luisa Carpente

    (University of La Coruña)

  • Balbina Casas-Méndez

    (University of Santiago de Compostela)

  • Ignacio García-Jurado

    (University of Santiago de Compostela)

Abstract

We define and study games with limited aspirations. In a game with limited aspirations there are upper bounds on the possible payoffs for some coalitions. These restrictions require adjustments in the definitions of solution concepts. In the current paper we study the effect of the restrictions on the core and define and study the so-called truncated core.

Suggested Citation

  • Anne van den Nouweland & Luisa Carpente & Balbina Casas-Méndez & Ignacio García-Jurado, 2007. "The truncated core for games with limited aspirations," University of Oregon Economics Department Working Papers 2007-13, University of Oregon Economics Department.
  • Handle: RePEc:ore:uoecwp:2007-13
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    File URL: http://economics.uoregon.edu/papers/UO-2007-13_Nouweland_Truncated.pdf
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    More about this item

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling

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