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The Consensus Value for Games in Partition Function Form

Ju, Y. - Tilburg University, Center for Economic Research - 2004

consensus value is discussed.Finally, two applications of the consensus value are given: one is for oligopoly games in partition …

Persistent link: https://www.econbiz.de/10011091966

Link formation in cooperative situations

Dutta, B.; van den Nouweland, C.G.A.M.; Tijs, S.H. - Tilburg University, Center for Economic Research - 1995

In this paper we study the endogenous formation of cooperation structures or communication graphs between players in a superadditive TU game. For each cooperation structure that is formed, the payoffs to the players are determined by an exogenously given solution. We model the process of...

Persistent link: https://www.econbiz.de/10011091161

Core implementation in modified strong and coalition proof Nash equilibria

Borm, Peter; Otten, G.J.M.; Peters, H.J.M. - Tilburg University, Center for Economic Research - 1992

Persistent link: https://www.econbiz.de/10011091368

On te generic stability of mixed strategies in asymmetric contests

Bhaskar, V. - Tilburg University, Center for Economic Research - 1995

Although a mixed strategy can never be evolutionarily stable in a truly asymmetric contest, examples show that mixed strategies can satisfy the weaker criterion on neutral stability. This paper shows that such examples are rare, and, generically, a mixed strategy is unstable. We apply the result...

Persistent link: https://www.econbiz.de/10011091518

Game theory : The next stage

van Damme, Eric - Tilburg University, Center for Economic Research - 1995

This paper surveys some recent developments in (non-cooperative) game theory and provides an outlook on the near future … of that theory. In particular, attention is focused on the limitations inherent in normative game theory and on attempts … to construct a behavioral version of the theory that incorporates aspects of procedural and bounded rationality. It is …

Persistent link: https://www.econbiz.de/10011092171

A perfectness concept for multicriteria games

Borm, Peter; van Megen, F.; Tijs, S.H. - Tilburg University, Center for Economic Research - 1995

This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an...

Persistent link: https://www.econbiz.de/10011092242

Is altruism evolutionarily stable ?

Bester, H.; Güth, W. - Tilburg University, Center for Economic Research - 1994

We develop an evolutionary approach to explain altruistic preferences. Given their preferences, individuals interact rationally with each other. By comparing the success of players with different preferences, we investigate whether evolution favors altruistic or selfish attitudes. The outcome...

Persistent link: https://www.econbiz.de/10011092487

A Game Theoretic Framework for Competing/Cooperating Retailers under price and advertising dependent demand

Dridi, Dhouha; Ben Youssef, Slim - Volkswirtschaftliche Fakultät, … - 2015

In this paper, we develop a game theoretic model for cooperative advertising in a supply chain consisting of a monopolistic manufacturer selling its product to the consumer only through competing duopolistic retailers. We consider a new form of the demand function which is an additive form. The...

Persistent link: https://www.econbiz.de/10011220301

Mineral exploration as a game of chance

Bell, Peter N - Volkswirtschaftliche Fakultät, … - 2015

Exploration is a costly activity that helps a business improve their understanding of a potential mineral deposit. Yet, even with strong exploration results, the business faces uncertainty over the value of the mine. I model this situation as a game of chance. The game starts by giving an agent...

Persistent link: https://www.econbiz.de/10011274395

Pricing behaviour at capacity constrained facilities

Larsen, Huric; Fredborg, Jesper - Volkswirtschaftliche Fakultät, … - 2012

Entry of new firms can be difficult or even impossible at capacity constrained facilities, despite the actual cost of entering is low. Using a game theoretic model of incumbent firms’ pricing behaviour under these conditions, it is found that under the assumption of Bertrand competition and...

Persistent link: https://www.econbiz.de/10011258735

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