A non-cooperative axiomatization of the core (Q1863938): Difference between revisions
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Latest revision as of 10:22, 30 July 2024
scientific article
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English | A non-cooperative axiomatization of the core |
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A non-cooperative axiomatization of the core (English)
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12 March 2003
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The main aim of this research work is to provide a characterization of the core for coalitional form games, based on the subgame perfection, the subgame consistency, the payoff-oriented choice rule and the maximality for the corresponding non-cooperative solution concept. This paper is a new contribution to the study of the connections between the non-cooperative bargaining and the core, the authors give a significant non-cooperative axiomatization of the core centred upon the question of how simple the players' equilibrium behaviour has to be in order to obtain the core implementation for any bargaining mechanism within their class of bargaining games.
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multilateral bargaining
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core
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non-cooperative axiomatization
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game equilibrium
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