Allouch, Nizar, Wooders, Myrna (2017) On the nonemptiness of approximate cores of large games. Economic Theory, 63 (1). pp. 191-209. ISSN 0938-2259. E-ISSN 1432-0479. (doi:10.1007/s00199-016-1010-3) (KAR id:60637)
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Official URL: http://dx.doi.org/10.1007/s00199-016-1010-3 |
Abstract
We provide a new proof of the nonemptiness of approximate cores of games with many players of a finite number of types. Earlier papers in the literature proceed by showing that, for games with many players, equal-treatment cores of their “balanced cover games,” which are nonempty, can be approximated by equal-treatment \varepsilon ? -cores of the games themselves. Our proof is novel in that we develop a limiting payoff possibilities set and rely on a fixed point theorem.
Item Type: | Article |
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DOI/Identification number: | 10.1007/s00199-016-1010-3 |
Uncontrolled keywords: | NTU games; Core; Approximate cores; Small group effectiveness; Coalition formation; Payoff-dependent balancedness |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
Depositing User: | Nizar Allouch |
Date Deposited: | 01 Mar 2017 16:21 UTC |
Last Modified: | 05 Nov 2024 10:54 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/60637 (The current URI for this page, for reference purposes) |
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