INOUE Tomoki
   Department   Undergraduate School  , School of Political Science and Economics
   Position   Senior Assistant Professor
Language English
Publication Date 2020/02
Type Academic Journal
Peer Review Peer reviewed
Title The nonemptiness of the inner core
Contribution Type Sole-authored
Journal Advances in Mathematical Economics
Publisher Springer
Volume, Issue, Page 23,pp.85-107
Total page number 23
Details We prove that if a non-transferable utility (NTU) game is cardinally balanced and if, at every individually rational and efficient payoff vector, every non-zero normal vector to the set of payoff vectors feasible for the grand coalition is strictly positive, then the inner core is nonempty. The condition on normal vectors is satisfied if the set of payoff vectors feasible for the grand coalition is non-leveled. An NTU game generated by an exchange economy where every consumer has a continuous, concave, and strongly monotone utility function satisfies our sufficient condition. Our proof relies on Qin's theorem on the nonemptiness of the inner core.
DOI 10.1007/978-981-15-0713-7_3