Cooperative games with size-truncated information

Publication date

2015-12-18T08:34:30Z

2015-12-18T08:34:30Z

2014

2015-12-18T08:34:30Z

Abstract

We study the marginal worth vectors and their convex hull, the so-called Weber set, from the original coalitional game and the transformed one, which is called the Weber set of level k. We prove that the core of the original game is included in each of the Weber set of level k, for any k, and that the Weber sets of consecutive levels form a chain if and only if the original game is 0-monotone. Even if the game is not 0-monotone, the intersection of the Weber sets for consecutive levels is always not empty, what is not the case for nonconsecutive ones.

Document Type

Article


Published version

Language

English

Publisher

Economics Bulletin

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Reproducció del document publicat a: http://www.accessecon.com/Pubs/EB/2014/Volume34/EB-14-V34-I1-P20.pdf

Economics Bulletin , 2014, vol. 34, num. 1, p. 188-199

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Rights

(c) Martínez de Albéniz, F. Javier, 2014

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