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ADVANCES IN THE THEORY OF LARGE COOPERATIVE GAMES AND APPLICATIONS TO CLUB THEORY : THE SIDE PAYMENTS CASE

Kovalenkov, Alexander; Wooders, Myrna - Department of Economics, University of Warwick - 2002

In a series of papers (Kovalenkov and Wooders 2001a, Games and Economic Behavior, 2001b,Mathematics of Operations Research, and 1997, Journal of Economic Theory to appear), the authors have developed the framework of parameterized collections of games and also that of parameterized collections...

Persistent link: https://www.econbiz.de/10005146940

Laws of Scarcity for a Finite Game : Exact Bounds on Estimations

Kovalenkov, Alexander; Wooders, Myrna - Department of Economics, University of Warwick - 2003

games. Furthermore, we show that equal treatment core payout vectors satisfy a condition of cyclic monotonicity. Our results … core payo® vectors from satisfying a law of scarcity are stated in terms of the parameters describing the games. We note …

Persistent link: https://www.econbiz.de/10005178332

APPROXIMATE CORES OF GAMES AND ECONOMIES WITH CLUBS

Kovalenkov, Alexander; Wooders, Myrna Holtz - Department of Economics, University of Warwick - 2002

nonemptiness of approximate core theorems. The parameters bound (a) the number of approximate types of players and the size of the …

Persistent link: https://www.econbiz.de/10005146852

COMPARATIVE STATICS AND LAWS OF SCARCITY FOR GAMES

Kovalenkov, Alexander; Wooders, Myrna - Department of Economics, University of Warwick - 2004

games. Furthermore, we demonstrate conditions under which all payoffs in the core of any game in a parametized collection … have an equal treatment property and show that equal treatment core payoff vectors satisfy a condition of cyclic … of approximate core payoff vectors from satisfying a law of scarcity are stated in terms of the parameters describing the …

Persistent link: https://www.econbiz.de/10005747035

Epsilon cores of games and economies with limited side payments

Kovalenkovy, Alexander; Wooders, Myrna Holtz - Department of Economics, University of Warwick - 1999

side payments has a nonempty E-core. Our main result is that, when some degree of side-paymentness within nearly …-effective small groups is assumed, then all payoffs in the E-core treat similar players similarly. A bound on the distance between E-core …

Persistent link: https://www.econbiz.de/10005747072

A law of scarcity for games

Kovalenkov, Alexander; Wooders, Myrna Holtz - Department of Economics, University of Warwick - 1999

The “law of scarcity” is that scarceness is rewarded ; recall, for example, the diamonds and water paradox. In this paper, furthering research initiated in Kelso and Crawford (1982, Econometrica 50, 1483-1504) for matching models, we demonstrate a law of scarcity for cores and approximate...

Persistent link: https://www.econbiz.de/10005747102

APPROXIMATE CORES OF GAMES AND ECONOMIES WITH CLUBS

Kovalenkov, Alexander; Wooders, Myrna Holtz - Department of Economics, University of Warwick - 1999

emptiness of approximate core theorems for games in parameterized collections. The parameters bound (a) the number of …

Persistent link: https://www.econbiz.de/10005747189

COMPETITIVE PRICING IN SOCIALLY NETWORKED ECONOMIES

Allouch, Nizar; Wooders, Myrna - Department of Economics, University of Warwick - 2002

competitive allocations and the core. Each participant in the economy may have multiple links with other participants and the …

Persistent link: https://www.econbiz.de/10005368696