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Again here we abuse the term b-core , and define it to be a set
of stable coalition structures based on private beliefs, instead of a
set of consequences. However, the principles for deciding stability of
coalitions are the same as those we use in Definition 4.6 of the b-core
of NTU-PB game.
5.2.4
Properties of the b-Core in NTU-Buyer Games
For completeness of our discussion, we are listing out the following
properties regarding the b-core of NTU-buyer games. These properties
are the counterparts of the theorems of Chapter 4.
The first theorem below states that the core is included in the
b-core of an NTU-Buyer game, which should not be a surprise.
Theorem 5.1
The core of an NTU-Buyer game is a subset of the
b-core.
Proof In Definition 5.5, part of the requirements for a coalition
structure CS to be in the b-core of an NTU-Buyer game is that there
does not exist another coalition structure CS and a subset of agents
C
N such that for each agent a
C ,wehave
b a|CS a b a|CS ,
which implies that any coalition structure that has no objection ac-
cording to the criterion of b-core also has no objection according to
the criterion of the core, meaning that CS is also in the core.
As Theorem 4.4 in Chapter 4, we have a theorem that relates the
accuracy of agents' beliefs to the size of the b-core. Before we present
these theorems, we first define what exactly we mean by belief accuracy
in the context of NTU-Buyer games. The following definition is an
adaptation of Definition 4.8 to the context of NTU-Buyer games.
Definition 5.6 (Is-more-accurate-than Relation over Agent
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