Homocores, cores and operational inefficiency in superadditive n-person games

A. Charnes, B. Golany

Research output: Contribution to journalArticlepeer-review

Abstract

Defect in the core as a solution to n-person superadditive characteristic function games are examined and the process of achieving a ‘ reasonable- ’ core by changing the value of tho grand coalition is studied. A new unique solution concept, the ‘ homoeore ’, is proposed based on the ‘ homomollifier ’ notion interpreted as the result of implicit bargaining and weighted averages of coalitional worth. Thereby unreasonable cores are excluded but a core-like dominance property on the average is maintained. It also yields a measure of ‘ operational efficiency ’ where the game may be interpreted as an economic situation of decreasing marginal productivity .

Original languageEnglish
Pages (from-to)877-893
Number of pages17
JournalInternational Journal of Systems Science
Volume14
Issue number8
DOIs
StatePublished - Aug 1983
Externally publishedYes

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Theoretical Computer Science
  • Computer Science Applications

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