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Core Solutions in Vector-Valued Games
Authors:Fernández  F R  Hinojosa  M A  Puerto  J
Institution:(1) Departamento de Estadística e Investigación Operativa, Universidad de Sevilla, Sevilla, Spain;(2) Departamento de Economía y Empresa, Universidad Pablo de Olavide, Sevilla, Spain
Abstract:In this paper, we analyze core solution concepts for vector-valued cooperative games. In these games, the worth of a coalition is given by a vector rather than by a scalar. Thus, the classical concepts in cooperative game theory have to be revisited and redefined; the important principles of individual and collective rationality must be accommodated; moreover, the sense given to the domination relationship gives rise to two different theories. Although different, we show the areas which they share. This analysis permits us to propose a common solution concept that is analogous to the core for scalar cooperative games.
Keywords:Game theory  multicriteria games  solution concepts  core
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