Axiomatization of the nucl eolus of assignment games


Autoria(s): Llerena Garrés, Francesc; Nuñez, Marina (Núñez Oliva)
Contribuinte(s)

Universitat Rovira i Virgili. Departament d'Economia

Data(s)

2014

Resumo

On the domain of general assignment games (with possible reservation prices) the core is axiomatized as the unique solution satisfying two consistency principles: projection consistency and derived consistency. Also, an axiomatic characterization of the nucleolus is given as the unique solution that satisfies derived consistency and equal maximum complaint between groups. As a consequence, we obtain a geometric characterization of the nucleolus. Maschler et al. (1979) provide a geometrical characterization for the intersection of the kernel and the core of a coalitional game, showing that those allocations that lie in both sets are always the midpoint of certain bargaining range between each pair of players. In the case of the assignment game, this means that the kernel can be determined as those core allocations where the maximum amount, that can be transferred without getting outside the core, from one agent to his / her optimally matched partner equals the maximum amount that he / she can receive from this partner, also remaining inside the core. We now prove that the nucleolus of the assignment game can be characterized by requiring this bisection property be satisfied not only for optimally matched pairs but also for optimally matched coalitions. Key words: cooperative games, assignment game, core, nucleolus

Formato

16 p.

Identificador

http://hdl.handle.net/2072/228403

Idioma(s)

eng

Publicador

Universitat Rovira i Virgili. Departament d'Economia

Relação

Documents de treball del Departament d'Economia;2014-06

Direitos

info:eu-repo/semantics/openAccess

L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/

Fonte

RECERCAT (Dipòsit de la Recerca de Catalunya)

Palavras-Chave #Jocs cooperatius #33 - Economia
Tipo

info:eu-repo/semantics/workingPaper