Stability and largeness of core for symmetric games

Citation
Ak. Biswas et al., Stability and largeness of core for symmetric games, INT J GAME, 29(1), 2000, pp. 11-22
Citations number
23
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF GAME THEORY
ISSN journal
00207276 → ACNP
Volume
29
Issue
1
Year of publication
2000
Pages
11 - 22
Database
ISI
SICI code
0020-7276(200002)29:1<11:SALOCF>2.0.ZU;2-Q
Abstract
Largeness of the core is sufficient for stability of the core. In general t he necessity is not known. In this paper we answer affirmatively the necess ity for symmetric games. We also prove its equivalence to n specified vecto rs being imputations and also to the convexity of the lower boundary of the set of all acceptable pay-off vectors of the game. In this paper we establ ish the equivalence of a condition given by Shapley to the newly evolved co ndition, thereby give an alternate proof to Shapley's condition.