Credible coalitions and the core

Debraj Ray

    Research output: Contribution to journalArticle

    Abstract

    A problem with the concept of the core is that it does not explicitly capture the credibility of blocking coalitions. This notion is defined, and the concept of a modified core introduced, consisting of allocations not blocked by any credible coalition. The core and modified core are then shown to be identical. The concept of credibility is thus implicit in the definition of the core.

    Original languageEnglish (US)
    Pages (from-to)185-187
    Number of pages3
    JournalInternational Journal of Game Theory
    Volume18
    Issue number2
    DOIs
    StatePublished - Jun 1989

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    Coalitions
    coalition
    Credibility
    credibility
    Concepts

    ASJC Scopus subject areas

    • Social Sciences (miscellaneous)
    • Statistics and Probability
    • Mathematics (miscellaneous)
    • Economics and Econometrics

    Cite this

    Credible coalitions and the core. / Ray, Debraj.

    In: International Journal of Game Theory, Vol. 18, No. 2, 06.1989, p. 185-187.

    Research output: Contribution to journalArticle

    Ray, Debraj. / Credible coalitions and the core. In: International Journal of Game Theory. 1989 ; Vol. 18, No. 2. pp. 185-187.
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