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The positive core for games with precedence constraints

Michel Grabisch and Peter Sudhölter

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: We generalize the characterizations of the positive core and the positive prekernel to TU games with precedence constraints and show that the positive core is characterized by non-emptiness (NE), boundedness (BOUND), covariance under strategic equivalence, closedness (CLOS), the reduced game property (RGP), the reconfirmation property (RCP) for suitably generalized Davis-Maschler reduced games, and the possibility of nondiscrimination. The bounded positive core, i.e., the union of all bounded faces of the positive core, is characterized similarly. Just RCP has to be replaced by a suitable weaker axiom, a weak version of CRGP (the converse RGP) has to be added, and CLOS can be deleted. For classical games the prenucleolus is the unique further solution that satisfies the axioms, but for games with precedence constraints it violates NE as well as the prekernel. The positive prekernel, however, is axiomatized by NE, anonymity, reasonableness, the weak RGP, CRGP, and weak unanimity for two-person games (WUTPG), and the bounded positive prekernel is axiomatized similarly by requiring WUTPG only for classical two-person games and adding BOUND

Keywords: TU games; restricted cooperation; game with precedence constraints; positive core; bounded core; positive prekernel; prenucleolus (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2014-04
New Economics Papers: this item is included in nep-gth and nep-hpe
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ftp://mse.univ-paris1.fr/pub/mse/CES2014/14036.pdf (application/pdf)

Related works:
Working Paper: The positive core for games with precedence constraints (2014) Downloads
Working Paper: The positive core for games with precedence constraints (2014) Downloads
Working Paper: The positive core for games with precedence constraints (2014) Downloads
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