Abstract
It is well known from the Nakamura's theorem [Nakamura, K., 1979. The vetoers of a simple game with ordinal preferences, International Journal of Game Theory 8, 55–61.] that the core of a voting game is nonempty for all profiles of individual preferences if and only if the number of alternatives is less than the Nakamura number. The aim of this note is to provide an equivalent result for the stability set introduced by Rubinstein [Rubinstein, A., 1980. Stability of decision systems under majority rule, Journal of Economic Theory 23, 150–159.]).
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.