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An axiomatization of the core of cooperative games without side payments. (English) Zbl 0581.90102
Let \(M\) be a set of \(m\) players, \(m\geq 3\), and let \(\Gamma\) be the set of all (finite) games (without side payments) that have a non-empty core. When \(M\) is finite, the following four (independent) axioms fully characterize the core on \(\Gamma\) : (i) non-emptiness, (ii) individual rationality, (iii) the reduced game property, and (iv) the converse reduced game property. If \(M\) is infinite, then the converse reduced game property is redundant.

91A12 Cooperative games
Full Text: DOI
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