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Consistency, anonymity, and the core on the domain of convex games

  • Toru Hokari*
  • , Yukihiko Funaki
  • , Peter Sudhölter
  • *Kontaktforfatter
  • Keio University
  • Waseda University

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

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Abstract

We show that neither Peleg’s nor Tadenuma’s well-known axiomatizations of the core by non-emptiness, individual rationality, super-additivity, and max consistency or complement consistency, respectively, hold when only convex rather than balanced TU games are considered, even if anonymity is required in addition. Moreover, we show that the core and its relative interior are the only two solutions that satisfy Peleg’s axioms together with anonymity and converse max consistency on the domain of convex games.

OriginalsprogEngelsk
TidsskriftReview of Economic Design
Vol/bind24
Udgave nummer3-4
Sider (fra-til)187-197
ISSN1434-4742
DOI
StatusUdgivet - dec. 2020

Finansiering

Toru Hokari received support from the Japan Society for the Promotion of Science (Grant No. KAKENHI 17K03629) and Peter Sudhölter received support from the Ministerio de Economía y Competitividad (GrantNo. ECO2015-66803-313 P (MINECO/FEDER)).

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