Similar Search Results

Dubey, Pradeep; Garg, Rahul - Cowles Foundation for Research in Economics, Yale University - 2006

We consider a communications network in which users transmit beneficial information to each other at a cost. We pinpoint conditions under which the induced cooperative game is supermodular (convex). Our analysis is in a lattice-theoretic framework, which is at once simple and able to encompass a...

Persistent link: https://www.econbiz.de/10005593347

A Refined Bargaining Set of an n-Person Game and Endogenous Coalition Formation

Zhou, Lin - Cowles Foundation for Research in Economics, Yale University - 1991

The two most fundamental questions in cooperative game theory are: When a game is played, what coalitions will be formed and what payoff vectors will be chosen? No previous solution concepts or theories in the literature provide satisfactory answers to both questions; answers are especially...

Persistent link: https://www.econbiz.de/10005593467

Matching with Incomplete Information

Liu, Quingmin; Mailath, George J.; Postlewaite, Andrew; … - Cowles Foundation for Research in Economics, Yale University - 2012

assumes that the agents have complete information, and examines core outcomes. We formulate a notion of stable outcomes in …

Persistent link: https://www.econbiz.de/10010686932

Conflict Leads to Cooperation in Nash Bargaining

Rozen, Kareen - Cowles Foundation for Research in Economics, Yale University - 2008

complete cooperation and a strictly self-enforcing allocation (i.e., in the interior of the core). Highlighting group dynamics …

Persistent link: https://www.econbiz.de/10004979388

The Uses of Teaching Games in Game Theory Classes and Some Experimental Games

Shubik, Martin - Cowles Foundation for Research in Economics, Yale University - 2001

The results are presented from several experiments. They include the selection of points in the core, interpersonal …

Persistent link: https://www.econbiz.de/10005762670

The Theory of Money and Financial Institutions: A Summary of a Game Theoretic Approach

Shubik, Martin - Cowles Foundation for Research in Economics, Yale University - 2006

A game theoretic approach to the theory of money and financial institution is given utilizing both the strategic and coalitional forms for describing the economy. The economy is first modeled as a strategic market game, then the strategic form is used to calculate several cooperative forms that...

Persistent link: https://www.econbiz.de/10005762688

A Computational Analysis of the Core of a Trading Economy with Three Competitive Equilibria and a Finite Number of Traders

Shubik, Martin; Kumar, Alok - Cowles Foundation for Research in Economics, Yale University - 2001

In this paper we examine the structure of the core of a trading economy with three competitive equilibria as the number … of traders (N) is varied. We also examine the sensitivity of the multiplicity of equilibria and of the core to variations … in individual initial endowments. Computational results show that the core first splits into two pieces at N = 5 and then …

Persistent link: https://www.econbiz.de/10005593218

An 'Average' Lyapunov Convexity Theorem and Some Core Equivalence Results

Zhou, Lin - Cowles Foundation for Research in Economics, Yale University - 1991

I prove an "average" version of the Lyapunov convexity theorem and apply it to establish some core equivalence results …

Persistent link: https://www.econbiz.de/10005463977

The Edgeworth, Cournot and Walrasian Cores of an Economy

Shubik, Martin - Cowles Foundation for Research in Economics, Yale University - 2003

Three variations of the core of a market game representing an exchange economy are considered and compared. The … possibility for utilizing the Walrasian core to reflect certain monetary phenomena is noted. …

Persistent link: https://www.econbiz.de/10005464037