The equity core and the Lorenz-maximal allocations in the equal division core

Author

Llerena Garrés, Francesc

Vilella Bach, Misericòrdia

Other authors

Universitat Rovira i Virgili. Departament d'Economia

Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública

Publication date

2013



Abstract

In this paper, we characterize the non-emptiness of the equity core (Selten, 1978) and provide a method, easy to implement, for computing the Lorenz-maximal allocations in the equal division core (Dutta-Ray, 1991). Both results are based on a geometrical decomposition of the equity core as a finite union of polyhedrons. Keywords: Cooperative game, equity core, equal division core, Lorenz domination. JEL classification: C71

Document Type

Working document

Language

English

CDU Subject

33 - Economics. Economic science

Subject

Jocs cooperatius

Pages

13 p.

Publisher

Universitat Rovira i Virgili. Departament d'Economia

Collection

Documents de treball del Departament d'Economia; 2013-15

Documents

201315.pdf

292.3Kb

 

Rights

L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/

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