An axiomatization of the inner core using appropriate reduced games |
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Authors: | Geoffroy de Clippel |
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Institution: | Department of Economics, Brown University, Providence, RI 02942, USA |
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Abstract: | I adapt a reduction process introduced by Serrano and Volij Serrano, R., Volij, O., 1998. Axiomatization of neoclassical concepts for Economies. Journal of Mathematical Economics 30, 87–108] so that the reduced games of convex-valued games are convex-valued. I use the corresponding consistency property and its converse to axiomatize the inner core for games that are convex-valued, non-level and smooth. |
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