Core and monotonic allocation methods

Citation
D. Housman et L. Clark, Core and monotonic allocation methods, INT J GAME, 27(4), 1998, pp. 611-616
Citations number
5
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF GAME THEORY
ISSN journal
00207276 → ACNP
Volume
27
Issue
4
Year of publication
1998
Pages
611 - 616
Database
ISI
SICI code
0020-7276(1998)27:4<611:CAMAM>2.0.ZU;2-L
Abstract
Young showed in a paper of 1985 (Int. J. Game Theory 14, 65-72) that no cor e allocation method can be coalitionally monotonic on cooperative games wit h five or more players. This note extends Young's result. No core allocatio n method can be coalitionally monotonic on cooperative games with four of m ore players, and there is an infinite class of core allocation methods that are coalitionally monotonic on three-player cooperative games.