1-convex transferable utility games, a reappraisal
Pierre Dehez ()
No 2021016, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
Abstract:
1-convex games have been introduced by Theo Driessen in his 1985 PhD dissertation. They form an interesting class of games for at least one reason: the core of a 1-convex n-player game is a regular simplex of dimension n – 1 or a single point. As a consequence, its nucleolus is the center of gravity of the core. We recall and extend the results obtained by Driessen and provide examples and applications.
Keywords: Transferable utility games; core; nucleolus; Shapley value (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Pages: 22
Date: 2021-11-01
New Economics Papers: this item is included in nep-gth, nep-ore and nep-upt
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2021016
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