The Core Can Be Accessed in a Bounded Number of Steps

Printer-friendly version
Working paper
Author/s: 
László Á. Kóczy
Publisher: 
Université catholique de Louvain
Year: 
2002
This paper strengthens the result of Sengupta and Sengupta (1996). We show that for the class of TU games with non-empty cores the core can be reached via a bounded number of proposals and counterproposals. Our result is more general than this: the boundedness holds for any two imputations with an indirect dominance relation between them.
Developed by Paolo Gittoi