Back to Search
Start Over
Minimal balanced collections and their application to core stability and other topics of game theory.
- Source :
-
Discrete Applied Mathematics . Dec2023, Vol. 341, p60-81. 22p. - Publication Year :
- 2023
-
Abstract
- Minimal balanced collections are a generalization of partitions of a finite set of n elements and have important applications in cooperative game theory and discrete mathematics. However, their number is not known beyond n = 4. In this paper we investigate the problem of generating minimal balanced collections and implement the Peleg algorithm, permitting to generate all minimal balanced collections till n = 7. Secondly, we provide practical algorithms to check many properties of coalitions and games, based on minimal balanced collections, in a way which is faster than linear programming-based methods. In particular, we construct an algorithm to check if the core of a cooperative game is a stable set in the sense of von Neumann and Morgenstern. The algorithm implements a theorem according to which the core is a stable set if and only if a certain nested balancedness condition is valid. The second level of this condition requires generalizing the notion of balanced collection to balanced sets. [ABSTRACT FROM AUTHOR]
- Subjects :
- *GAME theory
*COOPERATIVE game theory
*DISCRETE mathematics
*COLLECTIONS
Subjects
Details
- Language :
- English
- ISSN :
- 0166218X
- Volume :
- 341
- Database :
- Academic Search Index
- Journal :
- Discrete Applied Mathematics
- Publication Type :
- Academic Journal
- Accession number :
- 173233541
- Full Text :
- https://doi.org/10.1016/j.dam.2023.07.025