Extendable cooperative games

Yaron Azrieli*, Ehud Lehrer

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

22 Scopus citations

Abstract

A (TU) cooperative game is extendable if every core allocation of each subgame can be extended to a core allocation of the game. It is strongly extendable if any minimal vector in the upper core of any of its subgames can be extended to a core allocation. We prove that strong extendability is equivalent to largeness of the core. Further, we characterize extendability in terms of an extension of the balanced cover of the game. It is also shown how this extension can unify the analysis of many families of games under one roof.

Original languageEnglish
Pages (from-to)1069-1078
Number of pages10
JournalJournal of Public Economic Theory
Volume9
Issue number6
DOIs
StatePublished - Dec 2007

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