The set of balanced games forms a convex cone in the set of all TP-coalitional games GN.

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Foundations of Mathematical Economics

ISBN: 978-0262531924

1st edition

Authors: Michael Carter

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Question Posted: May 02, 2016 11:46 AM

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The set of balanced games forms a convex cone in the set of all TP-coalitional games GN.

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Let 1 and 2 be balanced games By the Bondareva Shapley theorem they have nonempty cores Let ...View the full answer

Foundations of Mathematical Economics

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