On the nonemptiness of the α-core of discontinuous games: Transferable and nontransferable utilities

成果类型:
Article
署名作者:
Uyanik, Metin
署名单位:
Johns Hopkins University
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2015.04.005
发表日期:
2015
页码:
213-231
关键词:
NTU alpha-core TU alpha-core discontinuous games
摘要:
The nonemptiness of the alpha-core of games with continuous payoff functions was proved by Scarf (1971) for nontransferable utilities and by Zhao (1999) for transferable utilities. In this paper we present generalizations of their results to games with possibly discontinuous payoff functions. Our handling of discontinuity is based on Reny's (1999) better-reply-security concept. We present examples to show that our generalizations are nonvacuous. (C) 2015 Elsevier Inc. All rights reserved.