Core Solutions in Vector-Valued Games

Abstract

In this paper, we analyze core solution concepts for vector-valued cooperative games. In these games, the worth of a coalition is given by a vector rather than by a scalar. Thus, the classical concepts in cooperative game theory have to be revisited and redefined; the important principles of individual and collective rationality must be accommodated; moreover, the sense given to the domination relationship gives rise to two different theories. Although different, we show the areas which they share. This analysis permits us to propose a common solution concept that is analogous to the core for scalar cooperative games.