Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9551737 | Games and Economic Behavior | 2005 | 12 Pages |
Abstract
For the case of smooth concave exchange economies, we provide a characterization of the inner core as the set of feasible allocations such that no coalition can improve on it, even if coalitions are allowed to use some random plans. For the case of compactly generated games, we discuss Myerson's definition of the inner core, and we characterize it using lexicographic utility weight systems.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Geoffroy de Clippel, Enrico Minelli,