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graphs. We study in this perspective the core of games defined on k-regular set systems. We show that the core may be …
Persistent link: https://www.econbiz.de/10008622031
The core of a cooperative game on a set of players N is one of the most popular concept of solution. When cooperation … is restricted (feasible coalitions form a subcollection F of 2N), the core may become unbounded, which makes it usage … questionable in practice. Our proposal is to make the core bounded by turning some of the inequalities defining the core into …
Persistent link: https://www.econbiz.de/10008752540
to the c-core, while the latter corresponds to the aspiration core or d-core, where in both case, the best configuration …, that is, coalitions for which any solution of the d-core yields a payment for that coalition equal to its worht. In … possible payment (core element) and a single possible configuration. We also introduce the notion of inescapable coalitions …
Persistent link: https://www.econbiz.de/10010791258
-multicoalitional core and the c-multicoalitional core, and both arise as the strong Nash equilibrium of two games, where in the first … utility per active unit of time is maximized, while in the second it is the utility per total unit of time. We show that the d-core … (or aspiration core) of Benett, and the c-core of Guesnerie and Oddou are strongly related to the d-multicoalitional and c …
Persistent link: https://www.econbiz.de/10010703382
In cooperative games, the core is one of the most popular solution concept since it ensures coalitional rationality …. For non-balanced games however, the core is empty, and other solution concepts have to be found. We propose the use of … particular, the k-additive core proposed by Grabisch and Miranda is a general solution preserving coalitional rationality which …
Persistent link: https://www.econbiz.de/10010711847
In cooperative games, the core is one of the most popular solution concept since it ensures coalitional rationality …. For non-balanced games however, the core is empty, and other solution concepts have to be found. We propose the use of … particular, the k-additive core proposed by Grabisch and Miranda is a general solution preserving coalitional rationality which …
Persistent link: https://www.econbiz.de/10010641780
Finding a solution concept is one of the central problems in cooperative game theory, and the notion of core is the … core, reflecting the team structure, and previous attempts are not satisfactory in this respect. We propose a new notion of … core, which imposes efficiency of the allocation at each level of the hierarchy, and answers the problem of sharing …
Persistent link: https://www.econbiz.de/10005670861
Suppose a decision maker (DM) has partial information about certain events of a ?-algebra A belonging to set ? and assesses their likelihood through a capacity v. When is this information probabilistic, i.e. compatible with a probability ? We consider three notions of compatibility with a...
Persistent link: https://www.econbiz.de/10008622049
core (nonemptiness, boundedness, pointedness, extremal rays). …
Persistent link: https://www.econbiz.de/10011098344
An element of the possibly unbounded core of a cooperative game with precedence constraints belongs to its bounded core … if any transfer to a player from any of her subordinates results in payoffs outside the core. The bounded core is the … union of all bounded faces of the core, it is nonempty if the core is nonempty, and it is a continuous correspondence on …
Persistent link: https://www.econbiz.de/10009493567