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Abstract
Jordan (J Econ Theory 131(1):26-44, 2006) defined 'pillage games', a class of cooperative games whose dominance operator is represented by a 'power function' satisfying coalitional and resource monotonicity axioms. In this environment, he proved that stable sets must be finite. We provide a graph theoretical interpretation of the problem which tightens the finite bound to a Ramsey number. We also prove that the Jordan pillage axioms are independent.
Original language | English |
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Pages (from-to) | 461-466 |
Number of pages | 6 |
Journal | International Journal of Game Theory |
Volume | 40 |
Issue number | 3 |
Early online date | 4 Jul 2010 |
DOIs | |
Publication status | Published - 1 Aug 2011 |
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Dive into the research topics of 'A Ramsey Bound on Stable Sets in Jordan Pillage Games'. Together they form a unique fingerprint.Projects
- 1 Finished
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Weak Property Rights: Financial Markets and Development
Rowat, C. & Dutta, J.
Economic & Social Research Council
1/04/05 → 31/03/09
Project: Research Councils