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A note on the core of TU-cooperative games with multiple membership externalities


Nax, Heinrich H (2014). A note on the core of TU-cooperative games with multiple membership externalities. Games, 5(4):191-203.

Abstract

A generalization of transferable utility cooperative games from the functional forms introduced by von Neumann and Morgenstern (1944, Theory of Games and Economic Behavior) and Lucas and Thrall (1963, Naval Research Logistics Quarterly, 10, 281–298) is proposed to allow for multiple membership. The definition of the core is adapted analogously and the possibilities for the cross-cutting of contractual arrangements are illustrated and discussed.

Abstract

A generalization of transferable utility cooperative games from the functional forms introduced by von Neumann and Morgenstern (1944, Theory of Games and Economic Behavior) and Lucas and Thrall (1963, Naval Research Logistics Quarterly, 10, 281–298) is proposed to allow for multiple membership. The definition of the core is adapted analogously and the possibilities for the cross-cutting of contractual arrangements are illustrated and discussed.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:06 Faculty of Arts > Institute of Sociology
Dewey Decimal Classification:300 Social sciences, sociology & anthropology
Scopus Subject Areas:Physical Sciences > Statistics and Probability
Social Sciences & Humanities > Statistics, Probability and Uncertainty
Physical Sciences > Applied Mathematics
Uncontrolled Keywords:cooperative games, core, externalities, multiple membership, stability
Language:English
Date:21 October 2014
Deposited On:27 Nov 2020 11:02
Last Modified:09 Jun 2024 03:39
Publisher:MDPI Publishing
ISSN:2073-4336
OA Status:Gold
Free access at:Publisher DOI. An embargo period may apply.
Publisher DOI:https://doi.org/10.3390/g5040191
  • Content: Published Version
  • Licence: Creative Commons: Attribution 4.0 International (CC BY 4.0)