Showing 1 - 10 of 26
Bayesian equilibria are characterized by means of consistency and one-person rationality in combination with non-emptiness or converse consistency. Moreover, strong and coalition-proof Bayesian equilibria of extended Bayesian games are introduced and it is seen that these notions can be...
Persistent link: https://www.econbiz.de/10011087096
Persistent link: https://www.econbiz.de/10011087201
Persistent link: https://www.econbiz.de/10011091368
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
This paper introduces the notion of protective equilibrium in the context of fin ite games in strategic form.It shows that for matrix games the set of protective equilibria equals the set of proper equilibria.Moreover, in the context of bima trix games, the notion of protective behaviour is used...
Persistent link: https://www.econbiz.de/10011092655
Persistent link: https://www.econbiz.de/10011092664
By generalizing the standard solution for 2-person games into n-person cases, this paper develops a new solution concept for cooperative games: the consensus value.We characterize the consensus value as the unique function that satisfies efficiency, symmetry, the quasi dummy property and...
Persistent link: https://www.econbiz.de/10011092734
organizations when considering the tradeoff between secrecy and operational efficiency. We use elements from game theory and graph … theory to determine the `optimal' communication structure a covert network should adopt. Every covert organization faces the …
Persistent link: https://www.econbiz.de/10011092758
Persistent link: https://www.econbiz.de/10011092802
This paper introduces a new class of transferable-utility games, called multi-issue allocation games.These games arise from various allocation situations and are based on the concepts underlying the bankruptcy model, as introduced by O'Neill (1982).In this model, a perfectly divisible good...
Persistent link: https://www.econbiz.de/10011092903