Showing 1 - 10 of 44
Persistent link: https://www.econbiz.de/10010617484
Pillage games [Jordan, 2006, "Pillage and Property", JET] have two features that make them richer than cooperative games in either characteristic or partition function form: they allow power externalities between coalitions; they allow resources to contribute to coalitions' power as well as to...
Persistent link: https://www.econbiz.de/10010602481
Jordan [2006] defined ‘pillage games’, a class of cooperative games whose dominance operator represents a ‘power function’ constrained by monotonicity axioms. In this environment, he proved that stable sets must be finite. We bound their cardinality above by a Ramsey number and show this...
Persistent link: https://www.econbiz.de/10004972103
Jordan [2006, “Pillage and property”, JET] characterises stable sets for three special cases of ‘pillage games’. For anonymous, three agent pillage games we show that: when the core is non-empty, it must take one of five forms; all such pillage games with an empty core represent the same...
Persistent link: https://www.econbiz.de/10005007668
Jordan [2006] defined ‘pillage games’, a class of cooperative games whose dominance operator is represented by a ‘power function’ satisfying coalitional and resource monotonicity axioms. In this environment, he proved that stable sets must be finite. We use graph theory to reinterpret...
Persistent link: https://www.econbiz.de/10005012261
It is known that, in one-good pillage games, stable sets are finite. For m goods, it has been conjectured that the stable sets have measure zero. We introduce a class of sets, termed pseudo-indifference sets, which includes level sets of utility functions, quasi-indifference classes associated...
Persistent link: https://www.econbiz.de/10008577219
We study dominant strategy implementation in a variant of the canonical public good provision model, as proposed by Borgers and Postl (2009). In this set up, we fully characterize the set of budget-balanced dominant strategy deterministric mechanisms, which are simple threshold rules. For...
Persistent link: https://www.econbiz.de/10008621758
We study strategy-proof decision rules in the variants of the canonical public good model proposed by Borgers and Postl (2009). In this setup, we fully characterize the set of budget-balanced strategy-proof deterministic mechanisms, which are simple threshold rules. For smooth probabilistic...
Persistent link: https://www.econbiz.de/10009145598
We study procurement procedures that simultaneously determine specification and price of a good. Suppliers can offer and produce the good in either of two possible specifications, both of which are equally good for the buyer. Production costs are interdependent and unknown at the time of...
Persistent link: https://www.econbiz.de/10009391869
We study procurement procedures that simultaneously determine specification and price of a good. Suppliers can offer and produce the good in either of two possible specifications, both of which are equally good for the buyer. Production costs are interdependent and unknown at the time of...
Persistent link: https://www.econbiz.de/10009323817