Template-type: ReDif-Paper 1.0
Author-Name: Herings P. Jean-Jacques
Author-Name: Predtetchinski Arkadi
Author-workplace-name: METEOR
Title: A Necessary and Sufficient Condition for Non--emptiness of the Core of a Non--transferable Utility Game
Abstract: It is well--known that a transferable utility game has a non-empty core if and only if it is balanced. In the class of non-transferable utility games balancedness or the more general pi-balancedness due to Billera (1970) is a sufficient, but not a necessary condition for the core to be non--empty. This paper gives a natural extension of the pi -balancedness condition that is both necessary and sufficient non--emptiness of the core.
Keywords: microeconomics ; 
Series: Research Memoranda
Creation-Date: 2002
Number: 016
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:375cd284-280b-40a3-8f5f-9b9d7a4b4e41/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 218546
Handle: RePEc:unm:umamet:2002016