Document Type
Discussion Paper
Publication Date
12-1-1981
CFDP Number
612
CFDP Pages
34
Abstract
Sufficient conditions are given for large replica games without side payments to have non-empty approximate cores for all sufficiently large replications. No “balancedness” assumptions are required. The conditions are superadditivity, a very weak boundedness condition, and convexity of the payoff sets. An example is provided to show that under these conditions, the (exact) core well may be empty.
Recommended Citation
Wooders, Myrna Holtz, "The Epsilon Core of a Large Game" (1981). Cowles Foundation Discussion Papers. 848.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/848