A Solution Concept and Its Axiomatic Results under Non-Transferable-Utility and Multi-Choice Situations
In real situations, agents might take different energy levels to participate. On the other hand, agents always face an increasing need to focus on non-transferable-utility situations efficiently in their operational processes. Thus, we introduce the replicated core under non-transferable-utility sit...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-09-01
|
Series: | Mathematics |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7390/8/9/1559 |
Summary: | In real situations, agents might take different energy levels to participate. On the other hand, agents always face an increasing need to focus on non-transferable-utility situations efficiently in their operational processes. Thus, we introduce the replicated core under non-transferable-utility situations, and analyze non-emptiness of the replicated core by means of a balanced result. In order to express the rationality of the replicated core, we also define different reduced games to axiomatize the replicated core. |
---|---|
ISSN: | 2227-7390 |