A Property of the Core |
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| Authors: | Abhijit Sengupta Kunal Sengupta |
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| Institution: | aDepartment of Economics, University of Sydney, Sydney, Australia;bDepartment of Economics, University of California at Riverside, Riverside, California |
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| Abstract: | For any transferable utility game in coalitional form with nonempty core we show that, given any allocation outside the core, there is an allocation in the core that indirectly dominates it.Journal of Economic LiteratureClassification Number: C71. |
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