The partnered core of a game with side payments

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The Partnered Core of a Game without Side Payments

A payoff for a game is partnered if it admits no asymmetric dependencies. We introduce the partnered core of a game without side payments and show that the partnered core of a balanced game is nonempty. The result is a strengthening of Scarf 's Theorem on the nonemptiness of the core of a balanced game without side payments. In addition, it is shown that if there are at most a countable number ...

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John R. Hauser is the Kirin Professor of Marketing, Massachusetts Institute of Technology, Sloan School of Management, 38 Memorial Drive, E56-314, Cambridge, MA 02142, (617) 253-2929, (617) 258-7597 fax. Duncan I. Simester is an Associate Professor of Marketing, Massachusetts Institute of Technology, Sloan School of Management, 38 Memorial Drive, E56-329, Cambridge, MA 02142. Birger Wernerfelt ...

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ژورنال

عنوان ژورنال: Social Choice and Welfare

سال: 2012

ISSN: 0176-1714,1432-217X

DOI: 10.1007/s00355-012-0651-9