Subhadip Chakrabarti, Robert P Gilles, Lina Mallozzi
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A Generalised $λ$-Core Concept for Normal Form Games
In this note we develop a generalisation of the $\lambda$-Core solution for
non-cooperative games in normal form. We show that this generalised
$\lambda$-Core is non-empty for the class of separable games that admit a
socially optimal Nash equilibrium. Examples are provided that indicate that
non-emptiness of the generalised $\lambda$-Core cannot be expected for large
classes of normal form games.