Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81087
Authors: 
Brangewitz, Sonja
Gamp, Jan-Philip
Year of Publication: 
2011
Series/Report no.: 
Working Papers, Institute of Mathematical Economics 454
Abstract: 
We investigate the relationship between certain subsets of the core for TU market games and competitive payoff vectors of certain markets linked to that game. This can be considered as the case in between the two extreme cases of Shapley and Shubik (1975). They remark already that their result can be extended to any closed convex subset of the core, but they omit the details of the proof which we present here. This more general case is in particular interesting, as the two theorems of Shapley and Shubik (1975) are included as special cases.
Subjects: 
Market Games
Competitive Payoffs
Core
JEL: 
C71
D51
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.