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4.4 The Core, the b-Core and Belief Accuracy
The reason that, in general, the b-core of an NTU-PB game differs from
the core is that the private beliefs of the agents are often inaccurate.
In this section, we shall present a discussion and analysis for better
understanding of the effects of such belief inaccuracy on stability of
coalitions, and the relationship between the core and the b-core in
general.
We note that although it is clear that inaccuracy in agents' beliefs
is the main reason for the existence of the b-core, there are different
levels of inaccuracy in agents' beliefs, as some beliefs are more accurate
than some other. It is worthwhile investigating how the degree of belief
inaccuracy affects the b-core. We first define what we mean by relative
accuracy.
Definition 4.8 (Accuracy Relation of Agents' Private Beliefs)
Given two private beliefs bel 1 and bel 2 ,wesay bel 1 is more accurate
than bel 2 if and only if one or both of the following conditions hold:
1) If bel 1 ( α 1 j α 2 ) holds but bel 2 ( α 1 j α 2 ) does not hold, where
α 1 2 2 N
× A are coalitional acts, and j ∈ N ,then α 1 j α 2 holds.
2) If bel 1 ( α 1 j α 2 ) does not hold but bel 2 ( α 1 j α 2 ) holds, where
α 1 2
2 N
×
A are coalitional acts, and j
N ,then α 1 j
α 2 does
not hold.
In other words, a belief bel 1 is considered to be more accurate than
another belief bel 2 , if and only if i) any preference that is in bel 1 but
not bel 2 must be a true preference, and/or ii) any preference that is
not in bel 1 but in bel 2 must be an false preference. Therefore, for two
particular belief bel 1 and bel 2 , it is possible that bel 1 is considered to
be more accurate than bel 2 because of a particular preference, but at
the same time bel 2 is also regarded as more accurate than bel 1 because
of a different preference. Therefore, the more-accurate-than relation is
generally not transitive and not even asymmetric.
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