Credible coalitions and the core

D. Ray

doi:10.1007/BF01268157

Credible coalitions and the core

D. Ray

Research output: Contribution to journal › Article › peer-review

Abstract

A problem with the concept of the core is that it does not explicitly capture the credibility of blocking coalitions. This notion is defined, and the concept of a modified core introduced, consisting of allocations not blocked by any credible coalition. The core and modified core are then shown to be identical. The concept of credibility is thus implicit in the definition of the core.

Original language	English (US)
Pages (from-to)	185-187
Number of pages	3
Journal	International Journal of Game Theory
Volume	18
Issue number	2
DOIs	https://doi.org/10.1007/BF01268157
State	Published - Jun 1989

ASJC Scopus subject areas

Statistics and Probability
Mathematics (miscellaneous)
Social Sciences (miscellaneous)
Economics and Econometrics
Statistics, Probability and Uncertainty

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10.1007/BF01268157

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Credible coalitions and the core

Abstract

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