Externalities and the Nucleolus∗

نویسندگان

  • Mikel Álvarez-Mozos
  • Lars Ehlers
چکیده

In most economic applications, externalities prevail: the worth of a coalition depends on how the other players are organized. We show that there is a unique natural way of extending the nucleolus from (coalitional) games without externalities to games with externalities. This is in contrast to the Shapley value and the core for which many different extensions have been proposed.

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تاریخ انتشار 2017