2015-12-18T08:34:30Z
2015-12-18T08:34:30Z
2014
2015-12-18T08:34:30Z
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.
Article
Published version
English
Jocs cooperatius (Matemàtica); Anàlisi cost-benefici; Anàlisi vectorial; Càlcul de variacions; Cooperative games (Mathematics); Cost effectiveness; Vector analysis; Calculus of variations
Economics Bulletin
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
(c) Martínez de Albéniz, F. Javier, 2014