| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| The Core in the Presence of Externalities | |
| László Á. Kóczy | |
| 发表日期 | 2002 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | We generalise the coalition structure core to partition function games. Our definition relies only on one crucial assumption, namely that there is some internal consistency in the game: residuals of the deviation play a game similar to the initial one, and –whenever this is possible– they come to a residual core outcome. Deviating players form their optimistic or pessimistic expectations with this in mind. This leads to a recursive definition of the core. When compared to existing approaches, our core concept has a reduced sensitivity to behavioural assumptions. We look at the core of an economy with a common pool resource defined by Funaki and Yamato (1999) and find that for a number of numerical examples our core concept resolves the puzzle, which arose when more naive approaches were used. We outline possibilities for further extensions. |
| 特色分类 | C71,C73 |
| 关键词 | Core,externalities,partition function,behavioural assumptions,equilibrium |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-core-in-the-presence-of-externalities/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116730 |
| 推荐引用方式 GB/T 7714 | László Á. Kóczy. The Core in the Presence of Externalities. 2002. |
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