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INOUE Tomoki
Department Undergraduate School , School of Political Science and Economics Position Senior Assistant Professor |
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| Language | English |
| Publication Date | 2012/05 |
| Type | Academic Journal |
| Peer Review | Peer reviewed |
| Title | Representation of transferable utility games by coalition production economies |
| Contribution Type | Sole-authored |
| Journal | Journal of Mathematical Economics |
| Volume, Issue, Page | 48(3),pp.143-147 |
| Details | We prove that, by the method of construction of a coalition production economy due to Sun et al. [Sun, N., Trockel, W., Yang, Z., 2008. Competitive outcomes and endogenous coalition formation in an n-person game. Journal of Mathematical Economics 44, 853-860], every transferable utility (TU) game can be generated by a coalition production economy. Namely, for every TU game, we can construct a coalition production economy that generates the given game. We briefly discuss the relationship between the core of a given TU game and the set of Walrasian payoff vectors for the induced coalition production economy. |
| DOI | 10.1016/j.jmateco.2012.02.004 |