Size Monotonicity and Stability of the Core in Hedonic Games
Date
17.06.2011
17.06.2011
Authors
Dinko Dimitrov, Shao Chin Sung
JEL Code
C71
C71
Keywords:
Core, Hedonic Games, Monotonicity, Stable Sets
Core, Hedonic Games, Monotonicity, Stable Sets
Publisher
Climate Change and Sustainable Development
Climate Change and Sustainable Development
We show that the core of each strongly size monotonic hedonic game is not empty and is externally stable. This is in sharp contrast to other sufficient conditions for core non-emptiness which do not even guarantee the existence of a stable set in such games.