The core of a class of non-atomic games which arise in economic applications

Abstract

We study the core of a non-atomic game v which is uniformly con- tinuous with respect to the DNA-topology and continuous at the grand co- alition. Such a game has a unique DNA-continuous extension v on the space B1 of ideal sets. We show that if the extension v is concave then the core of the game v is non-empty iv is homogeneous of degree one along the diagonal of B1. We use this result to obtain representation theorems for the core of a non- atomic game of the form va f m where m is a finite dimensional vector of measures and f is a concave function. We also apply our results to some non- atomic games which occur in economic applications.