Attraction of the core and the cohesion flow

Dylan Laplace Mermoud ()
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Dylan Laplace Mermoud: ENSTA, Institut Polytechnique de Paris

Theory and Decision, 2025, vol. 99, issue 1, No 15, 377-392

Abstract: Abstract We adopt a continuous-time dynamical system approach to study the evolution of the state of a game driven by the willingness to reduce the total dissatisfaction of the coalitions about their payment. Inspired by the work of Grabisch and Sudhölter about core stability, we define a vector field on the set of preimputations from which is defined, for any preimputation, a cohesion curve describing the evolution of the state. We prove that for each preimputation, there exists a unique cohesion curve. Subsequently, we show that, for the cohesion flow of a balanced game, the core is the unique minimal attractor of the flow, the realm of which is the whole preimputation set. These results improve our understanding of the ubiquity of the core in the study of cooperative games with transferable utility.

Keywords: Core; Stability; Cooperative game theory; Dynamical systems (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s11238-025-10060-0

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