An Axiomatization of the Inner Core Using Appropriate Reduced Games
Brown University Economics Working Paper No. 2005-02
12 Pages Posted: 18 May 2005
Date Written: 2005
I adapt a reduction process introduced by Serrano and Volij (1998) so that the reduced games of convex-valued games are convex-valued. I use the corresponding consistency property and its converse to axiomatize the inner core for games that are convex-valued, non-level and smooth.
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