On the domain of cooperative games with transferable utility, we investigate if there are single-valued solutions that reconcile individual rationality, core selection, consistency and monotonicity (with respect to the worth of the grand coalition). This paper states some impossibility results for the combination of core selection with either complement consistency (Moulin, J Econ Theory 36:120-148, 1985) or projected consistency (Funaki, Dual axiomatizations of solutions of cooperative games. Mimeo, Tokyo, 1998), and core selection, max consistency (Davis and Maschler, Naval Res Logist Q 12:223-259, 1965) and monotonicity. By contrast, possibility results are manifest when combining individual rationality, projected consistency and monotonicity.


    Zugriff

    Download


    Exportieren, teilen und zitieren



    Titel :

    Rationality, aggregate monotonicity and consistency in cooperative games: some (im)possibility results


    Beteiligte:

    Erscheinungsdatum :

    2017-01-01


    Anmerkungen:

    663316


    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch



    Klassifikation :

    DDC:    629



    Path monotonicity, consistency and axiomatizations of some weighted solutions

    Calleja, Pere / Llerena Garrés, Francesc | BASE | 2019

    Freier Zugriff

    Some properties for probabilistic and multinomial (probabilistic) values on cooperative games

    Domènech Blázquez, Margarita / Giménez Pradales, José Miguel / Puente del Campo, María Albina | BASE | 2016

    Freier Zugriff

    Charging Coordination via Non-cooperative Games

    Ma, Zhongjing | Springer Verlag | 2019


    Equilibria in Ordinal Games: A Framework based on Possibility Theory

    Ben Amor, Nahla / Fargier, Hélène / Sabbadin, Regis | BASE | 2017

    Freier Zugriff

    Notes on Monotonicity Principles

    Hsu, Yeh-Liang | Online Contents | 1997