The truncated core for games with limited aspirations

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Date

2007-10

Authors

Nouweland, Anne van den

Journal Title

Journal ISSN

Volume Title

Publisher

University of Oregon, Dept of Economics

Abstract

We define and study games with limited aspirations. In a game with limited aspirations there are upper bounds on the possible payoffs for some coalitions. These restrictions require adjustments in the definitions of solution concepts. In the current paper we study the effect of the restrictions on the core and define and study the so-called truncated core.

Description

22 p.

Keywords

Games with limited aspirations, Truncated core

Citation