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The core and hedonic core: reply to Wooders (2001), with counterexamples |
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| Authors: | Suzanne Scotchmer |
| Abstract: | In response to Wooders [Journal of Mathematical Economics 36 (2001) 295], I review the contributions of Engl and Scotchmer regarding the hedonic core and monotonicity [Journal of Mathematical Economics 26 (1996) 209], show how our contributions diverge from those previously in the literature, and highlight the importance of our assumptions by giving counterexamples, particularly to related results of Wooders. |
| Keywords: | Core Hedonic core Monotonicity Counterexamples |
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