The aggregate-monotonic core

Pedro Calleja, Carles Rafels and Stef Tijs

Games and Economic Behavior, 2009, vol. 66, issue 2, 742-748

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.

Keywords: Cooperative; games; Core; Aggregate-monotonicity (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (11)

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