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Open Access Publications from the University of California

The Core When Strategies are Restricted by Law

  • Author(s): Bergstrom, Ted
  • et al.
Abstract

The alpha-core is defined to be the set of feasible allocations such that no coalition can do better for its members by selecting alternative strategies given “worst-case” assumptions about the behavior of other players. This paper explores the way that the alpha-core of a game is affected by restrictions on the legally admissible strategies of the players. It also explores the relation between Lindahl equilibrium and alpha-cores with suitable restrictions on strategies.

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