Article ID Journal Published Year Pages File Type
5072687 Games and Economic Behavior 2009 7 Pages PDF
Abstract

We introduce the aggregate-monotonic core as the set of allocations of a transferable utility cooperative game attainable by single-valued solutions that satisfy core-selection and aggregate-monotonicity. We provide a necessary and sufficient condition for the coincidence of the core and the aggregate-monotonic core. Finally, we introduce upper and lower aggregate-monotonicity for set-valued solutions, and characterize the aggregate-monotonic core using core-selection and upper and lower aggregate-monotonicity.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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