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Journal Articles Games and Economic Behavior / Games and Economic Behaviour Year : 2002

The newsvendor game has a non-empty core

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Abstract

We settle an open conjecture regarding the newsvendor game. We prove that its core is always non-empty, for all possible joint distributions of the random demands. We give sufficient conditions under which the core is a singleton or it contains non-negative elements.

Dates and versions

hal-00539841 , version 1 (25-11-2010)

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Marco Scarsini, Alfred Muller, Moshe Shaked. The newsvendor game has a non-empty core. Games and Economic Behavior / Games and Economic Behaviour, 2002, Vol. 38, N°1, pp. 118-126. ⟨10.1006/game.2001.0854⟩. ⟨hal-00539841⟩

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