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only known solution that satisfies core stability, strong aggegate monotonicity and null player out property in the class … of balanced games. The SD-prenucleolus is the only known solution that satisfies core stability continuity and is …
Persistent link: https://www.econbiz.de/10009366886
We introduce two new monotonicity properties for core concepts: single-valued solution concepts that always select a core allocation whenever the game is balanced (has a nonempty core). We present one result of impossibility for one of the properties and we pose several open questions for the...
Persistent link: https://www.econbiz.de/10008643722
We prove that the SD-prenucleolus satisfies monotonicity in the class of convex games. The SD-prenucleolus is thus the only known continuous core concept that satisfies monotonicity for convex games. We also prove that for convex games the SD-prenucleolus and the SD-prekernel coincide.
Persistent link: https://www.econbiz.de/10011129018
We characterize a monotonic core concept defined on the class of veto balanced games. We also discuss what restricted versions of monotonicity are possible when selecting core allocations. We introduce a family of monotonic core concepts for veto balanced games and we show that, in general, the...
Persistent link: https://www.econbiz.de/10005518764
This paper provides a new model of network formation that bridges the gap between the two benchmark models by Bala and Goyal, the one-way flow model, and the two-way flow model, and includes both as particular extreme cases. As in both benchmark models, in what we call an "asymmetric flow"...
Persistent link: https://www.econbiz.de/10011145666
model. We study Nash, strict Nash and pairwise stability for the intermediate models. Efficiency and dynamics are also …
Persistent link: https://www.econbiz.de/10011145667
The aim of this paper is to propose a new solution for the roommate problem with strict preferences. We introduce the solution of maximum irreversibility and consider almost stable matchings (Abraham et al. [2])and maximum stable matchings (Ta [30] [32]). We find that almost stable matchings are...
Persistent link: https://www.econbiz.de/10011145673
Persistent link: https://www.econbiz.de/10011201284
only known solution that satisfies core stability, strong aggegate monotonicity and null player out property in the class … of balanced games. The SD-prenucleolus is the only known solution that satisfies core stability continuity and is …
Persistent link: https://www.econbiz.de/10009364647
Persistent link: https://www.econbiz.de/10011129021