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A new bargaining set based on notions of both internal and external stability is developed in the context of endogenous coalition formation.It allows to make an explicit distinction between within-group and outsidegroup deviation options.This type of distinction is not present in current...
Persistent link: https://www.econbiz.de/10011091220
This paper studies an extensive form game of coalition formation with random proposers in a situation where coalitions impose externalities on other players. It is shown that an agreement will be reached without delay provided that any set of coalitions profit from merging. Even under this...
Persistent link: https://www.econbiz.de/10011091237
This paper studies noncooperative bargaining with random proposers in proper single games. A power index is called consistent if it can be obtained as an equilibrium of the game with random proposers using the index itself as probability vector. Unlike the Shapley-Shubik and Banzhaf indices, the...
Persistent link: https://www.econbiz.de/10011091801
This paper studies coalition formation and payoff division in apex games under the following assumptions: first, payoff division can only be agreed upon after the coalition has formed (two-stage bargaining); second, negotiations in the coalition can break down, in which case a new coalition may...
Persistent link: https://www.econbiz.de/10011092140
different voting systems within the same parliamentary body. This paper analyzes the core and the Shapley value of three …-valued simple games. Using the concept of vital players, the vital core is constructed and we show that the vital core is a subset … of the core. The Shapley value is characterized on the class of all three-valued simple games. The model is applied to …
Persistent link: https://www.econbiz.de/10011268490
coalitions we show that every Step out - Step in sequencing game<br/>has a non-empty core. This upper bound is a sufficient … condition for a sequencing<br/>game to have a non-empty core. Moreover, this paper provides a polynomial time<br/>algorithm to …
Persistent link: https://www.econbiz.de/10011144428
of all players, equal gain splitting rules are defined.It is shown that these rules lead to core elements of the …
Persistent link: https://www.econbiz.de/10011090690
corresponding resource allocation games. It is shown that these games have a non-empty core and thus allow for stable allocations …
Persistent link: https://www.econbiz.de/10011091447
that these games have a nonempty core and a complete description of the core is provided. …
Persistent link: https://www.econbiz.de/10011091533
jobs. Using nonstandard techniques we prove that each family sequencing game has a non-empty core by showing that a … particular marginal vector belongs to the core. Finally, we specifically analyze the case in which the initial order is family …
Persistent link: https://www.econbiz.de/10011091746