Abstract
We extend the reduced games introduced by Davis and Maschler (Naval Res Log Q 12:223–259, 1965) and Moulin (J Econ Theory 36:120–148, 1985) to multi-choice non-transferable utility games and define two related properties of consistency. We also show that the core proposed by Hwang and Li (Math Methods Oper Res 61:33–40, 2005) violates these two consistency properties. In order to investigate how seriously it violates these two consistency properties, we provide consistent extensions and consistent subsolutions of the core.
Similar content being viewed by others
References
Davis M, Maschler M (1965) The kernel of a cooperative game. Naval Res Log Q 12: 223–259
Derks J, Peters H (1993) A Shapley value for games with restricted coalitions. Int J Game Theory 21: 351–360
Grabisch M, Lange F (2007) Games on lattices, multichoice games and the Shapley value: a new approach. Math Methods Oper Res 65: 153–167
Harsanyi JC (1959) A bargaining model for the cooperative n-person game. In: Tucker Aw, Luce RD(eds) Contributions to the theory of games IV (Annals of Mathematics Studies 40). Princeton University Press, Princeton, pp 325–355
Hart S, Mas-Colell A (1989) Potential, value and consistency. Econometrica 57: 589–614
Hsiao CR, Raghavan TES (1992) Monotonicity and dummy free property for multi-choice cooperative games. Int J Game Theory 21: 301–302
Hwang YA, Li WH (2005) The core of multi-choice NTU games. Math Methods Oper Res 61: 33–40
Hwang YA, Liao YH (2006a) The multi-efficient core, balancedness and axiomatizations for multi-choice games. Int J Game Theory (Revised)
Hwang YA, Liao YH (2006b) The duplicate core for multi-choice games. (submitted)
Hwang YA, Liao YH (2008) Potential approach and characterizations of a Shapley value in multi-choice games. Math Soc Sci 56: 321–335
Hwang YA, Liao YH, Yeh CH (2007) Consistent extensions of the core for the multi-choice games Math Soc Sci (Revised)
Klijn F, Slikker M, Zazuelo J (1999) Characterizations of a multi-choice value. Int J Game Theory 28: 521–532
Moulin H (1985) The separability axiom and equal sharing methods. J Econ Theory 36: 120–148
Peleg B (1985) An axiomatization of the core of cooperative games without side payments. J Math Econ 14: 203–214
Peleg B (1986) On the reduced game property and its converse. Int J Game Theory 15: 187–200
Peters H, Zank H (2005) The egalitarian solution for multichoice games. Ann Oper Res 137: 399–409
Serrano R, Volij O (1998) Axiomatizations of neoclassical concepts for economies. J Math Econ 30: 87–108
Shapley LS (1953) A value for n-person game, In: Kuhn HW, Tucker AW (eds) Contributions to the theory of games, vol II. Princeton, pp 307–317
Sobolev AI (1975) The characterization of optimality principles in cooperative games by functional equations. Math Methods Soc Sci 6: 150–165
Tadenuma K (1992) Reduced games, consistency, and the core. Int J Game Theory 20: 325–334
Thomson W (1994) Consistent extensions. Math Soc Sci 28: 219–245
Thomson W (2005) Consistent allocation rules. Mimeo. University of Rochester
van den Nouweland A, Potters J, Tijs S, Zarzuelo J (1995) Core and related solution concepts for multi-choice games. ZOR Math Methods Oper Res 41: 289–311
Author information
Authors and Affiliations
Corresponding author
Additional information
The author is grateful to the editor, the area editor and the anonymous referees for very helpful suggestions and comments.
Rights and permissions
About this article
Cite this article
Liao, YH. Consistent extensions and subsolutions of the core of multi-choice NTU games. 4OR-Q J Oper Res 8, 71–85 (2010). https://doi.org/10.1007/s10288-009-0099-7
Received:
Revised:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10288-009-0099-7