The Replicated Core under Multi-Choice Non-Transferable- Utility Situations: Converse Reduction Axiomatic Enlargements

Yan-An Hwang and Yu-Hsien Liao
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Yan-An Hwang: Department of Applied Mathematics, National Down Hwa University, Hualien County 974301, Taiwan
Yu-Hsien Liao: Department of Applied Mathematics, National Pingtung University, Pingtung County 900391, Taiwan

Mathematics, 2022, vol. 10, issue 5, 1-8

Abstract: Since the replicated core counters the (inferior) converse reduction axiom under multi-choice non-transferable-utility (NTU) situations, two converse reduction axiomatic enlargements of the replicated core are generated. These two enlargements are the smallest (inferior) converse reduction axiomatic solutions that contain the replicated core. Finally, relative axiomatic results are also provided.

Keywords: non-transferable-utility situation; the replicated core; converse reduction axiom (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2022
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