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A natural selection from the core of a TU game: the core-center
Authors:Julio González-Díaz  Estela Sánchez-Rodríguez
Institution:(1) Kellogg School of Management (CMS-EMS), Northwestern University, 5100 Leverone Hall, 2001 Sheridan Road, Evanston, IL 60208-2014, USA;(2) Research Group in Economic Analysis, University of Vigo, Vigo, Spain;(3) Department of Statistics and Operations Research, University of Vigo, Vigo, Spain
Abstract:We present a new allocation rule for the class of games with a nonempty core: the core-center. This allocation rule selects a centrally located point within the core of any such game. We provide a deep discussion of its main properties.
Keywords:Cooperative TU games  Balanced games  Core  Center of gravity
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