A group of n players are offered a sum of money, say $100, on condition that they

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A group of n players are offered a sum of money, say $100, on condition that they agree how to distribute it among themselves. A MAJORITY of the group must ok the distribution, else the offer is void.

a) Determine the characteristic function

b) Show that if n>2 then the core is empty

Posted Date: Dec 02, 2021 12:58 PM

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A group of n players are offered a sum of money, say $100, on condition that they

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