A Market to Implement the Core
Abstract I present a mechanism whose subgame perfect equilibrium outcomes coincide with the core of an underlying convex TU game. The mechanism resembles an asset market, in which one of the players is randomly selected as a broker who centralizes trade. In addition, the rules of the mechanism are independent of the coalitional function. Therefore, the mechanism is useful for an incompletely informed designer who wishes to implement the core of these games. The mechanism is inspired by the reduced games relevant for the consistency of the core. Journal of Economic Literature Classification Numbers: C71 and C72.