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For each outcome (i.e. a payoff vector augmented with a coalition structure) of a TU-game with a non-empty coalition structure core there exists a finite sequence of successively dominating outcomes that terminates in the coalition structure core. In order to obtain this result a restrictive...
Persistent link: https://www.econbiz.de/10005808023
A set of outcomes for a TU-game in characteristic function form is dominant if it is, with respect to an outsider-independent dominance relation, accessible (or admissible)and closed. This outsider-independent dominance relation is restrictive in the sense that a deviating coalition cannot...
Persistent link: https://www.econbiz.de/10005808032
In the model of Funaki and Yamato (1999) the tragedy of the commons can be avoided with pessimistic players, while this does not hold for optimistic players. We propose a new core concept to overcome this puzzle and provide numerical simulations of simple games where the conclusions coincide or...
Persistent link: https://www.econbiz.de/10005808072
We prove the existence of an upper bound for the number of blockings required to get from one imputation to another provided that accessibility holds. The bound depends only on the number of players in the TU game considered. For the class of games with non-empty cores this means that the core...
Persistent link: https://www.econbiz.de/10005200734