Showing 1 - 9 of 9
We study evolutionary dynamics in assignment games where many agents interact anonymously at virtually no cost.  The process is decentralized, very little information is available and trade takes place at many different prices simultaneously.  We propose a completely uncoupled learning process...
Persistent link: https://www.econbiz.de/10011004342
The World's nations have yet to reach a truly effective treaty to control the emission of greenhouse gases.  The importance of compatibility with private incentives of individual countries has been acknowledged (at least by game theorists) in designing climate policies for the post-Kyoto...
Persistent link: https://www.econbiz.de/10009393198
We propose a new, easy-to-implement, class of payment rules, "Reference Rules", to make core-selecting package auctions more robust.  Small, almost-riskless, profitable deviations from "truthful bidding" are often easy for bidders to find under currently-used payment rules.  Reference Rules...
Persistent link: https://www.econbiz.de/10011004137
We generalize the class of apex game by combining a winning coalition of symmetric minor players with a collection of apex sets which can form winning coalitions only together with a fixed quota of minor players.  By applying power indices to these games and their subgames we generate players'...
Persistent link: https://www.econbiz.de/10011004278
We study decentralized learning dynamics for the classic assignment game with transferable utility.  At random points in time firms and workers match, break up, and re-match in the sesarch for better opportunities.  We propose a simple learning process in which players have no knowledge about...
Persistent link: https://www.econbiz.de/10011071726
We provide a model of coalitional bargaining with claims in order to solve games with non-transferable utilities and externalities.  We show that, for each such game, payoff configurations exist which will not be renegoiated.  In the original game derived from these payoff configurations, we...
Persistent link: https://www.econbiz.de/10011183201
Allocations familiales et autres transferts cibles sont generalement verses aux meres, sur la base de l`observation qu`augmenter la part des ressources controlees par les meres conduit a ameliorer le bien-etre des enfants. Nous recensons un ensemble de resultats empiriques qui etablisent le...
Persistent link: https://www.econbiz.de/10005090623
We derive distributional effects for a non-cooperative alternative to the unitary model of household behaviour. We consider the Nash equilibria of a voluntary contributions to public goods game. Our main result is that, in general, the two partners either choose to contribute to different public...
Persistent link: https://www.econbiz.de/10005090649
This note introduces transferable utility cooperative games with multiple membership, extending the scope of cooperative game theory to economic environments featuring externalities and membership in multiple coalitions.  This wider class of games generalises games in characteristic and...
Persistent link: https://www.econbiz.de/10005047701