ISSN:
1432-1270
Source:
Springer Online Journal Archives 1860-2000
Topics:
Mathematics
,
Economics
Notes:
Abstract LetN be a set of individuals,A a closed bounded interval ofRe. Using a former result ofNakamura, it is shown that if every individual inN has a quasi-concave utility function overA, then a proper simple game has a non-empty core which is a convex set. In particular, the majority core is explicitly characterized. When every individual inN has a strictly quasi-concave utility function overA, then it is shown that the local core in a proper simple game is precisely the core.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01770873
Permalink