A Stability Index for Local Effectivity Functions

Journal article: We study the structure of unstable local effectivity functions defined for n players and p alternatives. A stability index based on the notion of cycle is introduced. In the particular case of simple games, the stability index is closely related to the Nakamura Number. In general it may be any integer between 2 and p. We prove that the stability index for maximal effectivity functions and for maximal local effectivity functions is either 2 or 3.

Author(s)

Joseph M. Abdou

Journal
  • Mathematical Social Sciences
Date of publication
  • 2010
Keywords JEL
C70 C71
Keywords
  • Stability Index
  • Acyclicity
  • Strong Nash Equilibrium
  • Core
  • Solvability
  • Consistency
  • Simple Game
  • Effectivity Function
Pages
  • 306-313
Version
  • 1
Volume
  • 59