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 language | English |
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Pages (from-to) | 877-893 |
Number of pages | 17 |
Journal | International Journal of Systems Science |
Volume | 14 |
Issue number | 8 |
DOIs | |
State | Published - Aug 1983 |
Externally published | Yes |
ASJC Scopus subject areas
- Control and Systems Engineering
- Theoretical Computer Science
- Computer Science Applications