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Evolutionary dynamics and equitable core selection in assignment games
Nax, Heinrich H.; Pradelski, Bary S.R. - Department of Economics, Oxford University - 2012
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
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Stable partitions for games with non-transferable utilities and externalities
Karos, Dominik - Department of Economics, Oxford University - 2015
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
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Evolutionary Dynamics and Fast Convergence in the Assignment Game
Pradelski, Bary S.R. - Department of Economics, Oxford University - 2014
random walks and matching theory. …
Persistent link: https://www.econbiz.de/10011071726
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You Are Not in My Boat: Common Fate and Similarity Attractors in Bargaining Settings
Zizzo, Daniel John - Department of Economics, Oxford University - 2003
Sharing a common fate with some people but not others may affect how economic agents behave within firms and organizations. Recognizing that many bilateral transactions occur both within and between groups sharing some degree of common fate, we present an experimental test of the effect of...
Persistent link: https://www.econbiz.de/10005047846
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Matching with Contracts: An Efficient Marriage Market?
Zeng, Chloe Qianzi - Department of Economics, Oxford University - 2012
matching market offerscontracts. I show that when expected marital surplus is strictly monotonic in agents’types, no … separating equilibrium that achieves matching efficiency exists. I then studya social planner’s problem, finding necessary and … sufficient conditions for a truthful directrevelation mechanism to achieve matching efficiency. These conditions become …
Persistent link: https://www.econbiz.de/10011133064
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A New Payment Rule for Core-Selecting Package Auctions
Klemperer, Paul; Erdil, Aytek - Department of Economics, Oxford University - 2009
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
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Coalition Formation in General Apex Games
Karos, Dominik - Department of Economics, Oxford University - 2013
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
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Leading the Way: Coalitional Stability in Technological Cooperation & Sequential Climate Policy
Norman, Thomas; Nax, Heinrich H. - Department of Economics, Oxford University - 2011
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
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Quelques resultats sur l`effet des transferts cibles
Lechene, Valerie; Browning, Martin - Department of Economics, Oxford University - 2006
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
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Distributional effects in household models: separate spheres and income pooling
Browning, Martin; Lechene, Valerie; Chiappori, Pierre-Andre - Department of Economics, Oxford University - 2006
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