Average Monotonic Cooperative Games |
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Authors: | Josep M. Izquierdo Carles Rafels |
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Affiliation: | Department of Actuarial, Financial and Economic Mathematics, CREB, University of Barcelona, Avda. Diagonal 690, E-08034, Barcelona, Spain |
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Abstract: | A subclass of monotonic transferable utility (T.U.) games is studied: average monotonic games. These games are totally balanced. We prove that the core coincides with both the bargaining set à la Davis and Maschler and the bargaining set à la Mas-Colell. To obtain this result a technique based on reduced games is used. Journal of Economic Literature Classification Number: C71 |
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Keywords: | core reduced game bargaining sets |
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