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