More on cooperative games. Landowner-worker game, 2 workers possible revolution.
What is in core?
Person 2 gets the object and pays person 1 a price p that is between v and 1.
There are 3 players.Person 1 has an object that is of no value to him. It is worth $10 to person 2, and $6 to person 3. Which of these outcomes in in the core?
4 students Al, Bob, Chuck, Don.
Two two-person rooms. A core assignment is one such that no two persons can do better by rooming together than with their assigned partners.
Preferences Al--Bob, Chuck, Don
Bob--Chuck, Al, Don
Chuck—Al, Bob, Don
Show that the core is empty.