Showing 1 - 10 of 70
We examine a new class of games, which we call social games, where players not only choose strategies but also choose … players in different roles, among other things. We also examine finite repetitions of games where players may choose to … rematch in any period. Some equilibria of fixed-player repeated games cannot be sustained as equilibria in a repeated social …
Persistent link: https://www.econbiz.de/10005062336
coincides with the Shapley value for convex games. Moreover, for 3-player games the selective marginal contributions vectors …
Persistent link: https://www.econbiz.de/10005124854
use of parameterized cores of games with side payments to characterize subsidy free and sustainable pricings. …
Persistent link: https://www.econbiz.de/10005125630
This paper gives a concrete example of a nondictatorial, coalitionally strategyproof social choice function for countably infinite societies. The function is defined for those profiles such that for each alternative, the coalition that prefers it the most is gdescribable.h The gdescribableh...
Persistent link: https://www.econbiz.de/10005125912
In a framework allowing infinitely many individuals, I prove that coalitionally strategyproof social choice functions satisfy gtops only.h That is, they depend only on which alternative each individual prefers the most, not on which alternative she prefers the second most, the third, . . . , or...
Persistent link: https://www.econbiz.de/10005125938
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
options. Meta-communication thus generated is a prime source of instability in financial markets. …
Persistent link: https://www.econbiz.de/10005134753
This paper studies the formation of networks among individuals. The focus is on the compatibility of overall societal welfare with individual incentives to form and sever links. The paper reviews and synthesizes some previous results on the subject, and also provides new results on the existence...
Persistent link: https://www.econbiz.de/10005135109
We analyze the formation of networks among individuals. In particular, we examine the existence of networks that are stable against changes in links by any coalition of individuals. We show that to investigate the existence of such strongly stable networks one can restrict focus on a...
Persistent link: https://www.econbiz.de/10005135119
an alternative to existing approaches, which rely on explicit communication, prior commitment or trusted third parties …
Persistent link: https://www.econbiz.de/10005062323