Showing 1 - 10 of 21
proposals extend the Shapley value to games with externalities and are parametrized through the method by which the …
Persistent link: https://www.econbiz.de/10010851327
In this note we show that no solution to coalition formation games can satisfy a set of axioms that we propose as …
Persistent link: https://www.econbiz.de/10010851378
For each assignment market, an associated bargaining problem is defined and some bargaining solutions to this problem are analyzed. For a particular choice of the disagreement point, the Nash solution and the Kalai-Smorodinsky solution coincide and give the midpoint between the buyers-optimal...
Persistent link: https://www.econbiz.de/10010851444
We propose and analyze a new solution concept, theR-solution, for three-person, transferable utility, cooperative games …
Persistent link: https://www.econbiz.de/10010851496
We conduct a laboratory experiment to study how, after a history of decay, cooperation in a repeated voluntary contribution game can be revived in an enduring way. Simply starting the repeated game over - a simple fresh start - leads to an initial increase of cooperation, but to a subsequent new...
Persistent link: https://www.econbiz.de/10011261233
The purpose of this paper is to generalize the theory of "equal share analysis", developed by Selten in 1972, to the one in which every player has a positive weight. We show that for any positive vector of weights, it is always possible to find a coalition structure and a payoff vector forming a...
Persistent link: https://www.econbiz.de/10010547154
Using a bi-choice graph technique (Klaus and Klijn, 2009), we show that a matching for a roommate market indirectly dominates another matching if and only if no blocking pair of the former is matched in the latter (Proposition 1). Using this characterization of indirect dominance, we investigate...
Persistent link: https://www.econbiz.de/10010547165
Existence of von NeumannMorgenstern solutions (stable sets) is proved for any assignment game. For each optimal matching, a stable set is defined as the union of the core of the game and the core of the subgames that are compatible with this matching. All these stable sets exclude third-party...
Persistent link: https://www.econbiz.de/10010547178
We introduce a subclass of multi-sided assignment games that embodies markets with different types of firms that … show that they are marginal worth vectors, although this does not hold for arbitrary multi-sided assignment games. Finally …
Persistent link: https://www.econbiz.de/10010547213
issues to games where there are externalities within and across issues. We characterize our proposal through axioms that …
Persistent link: https://www.econbiz.de/10010547233