Simple Flow Games |
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Authors: | Hans Reijnierse Michael MaschlerJos PottersStef Tijs |
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Affiliation: | aDepartment of Econometrics, Tilburg University, P.O. Box 90153, 5000 LE, Tilburg, The Netherlands;bDepartment of Mathematics, The Hebrew University, Jerusalem, Givat Ram, 91904, Israel;cDepartment of Mathematics, University of Nijmegen, Toernooiveld, 6525 ED, The Netherlands;dDepartment of Econometrics, Tilburg University, P.O. Box 90153, 5000 LE, Tilburg, The Netherlands |
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Abstract: | This paper considers simple flow situations. We introduce the minimum cut solution and characterize it in terms of one-person efficiency, consistency, and converse consistency. Furthermore, we give several relations between the core of a simple flow game and four other solution concepts: the minimum cut solution, the least core, the kernel, and the bargaining set.Journal of Economic LiteratureClassification Numbers: C71. |
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