Showing 1 - 10 of 45
question of core stability of the grand coalition, namely: is there a subset of bidders that prefers forming a small bidding … the grand coalition is not necessarily core stable, as opposed to the zero externality case, where the stability of the …
Persistent link: https://www.econbiz.de/10009211251
allocation of resource and compensations among generations. Fairness is defined by core lower bounds and aspiration upper bounds …. The core lower bounds require that every coalition of generations obtains at least what it could achieve by itself. The …
Persistent link: https://www.econbiz.de/10009322910
Finding a solution concept is one of the central problems in cooperative game theory, and the notion of core is the … core, reflecting the team structure, and previous attempts are not satisfactory in this respect. We propose a new notion of … core, which imposes efficiency of the allocation at each level of the hierarchy, and answers the problem of sharing …
Persistent link: https://www.econbiz.de/10010738449
We study the structure of unstable local effectivity functions defined for n players and p alternatives. A stability index based on the notion of cycle is introduced. In the particular case of simple games, the stability index is closely related to the Nakamura Number. In general it may be any...
Persistent link: https://www.econbiz.de/10010738469
Despite the large number of its references, this paper is less a survey than a systematic exposition, in an unifying framework and assuming convexity as well on the consumption side as on the production side, of the different equilibrium concepts elaborated for studying provision of public...
Persistent link: https://www.econbiz.de/10010738483
An element of the possibly unbounded core of a cooperative game with precedence constraints belongs to its bounded core … if any transfer to a player from any of her subordinates results in payoffs outside the core. The bounded core is the … union of all bounded faces of the core, it is nonempty if the core is nonempty, and it is a continuous correspondence on …
Persistent link: https://www.econbiz.de/10010658915
We study the structure of unstable local effectivity functions defined for n players and p alternatives. A stability index based on the notion of cycle is introduced. In the particular case of simple games, the stability index is closely related to the Nakamura Number. In general it may be any...
Persistent link: https://www.econbiz.de/10010738581
Suppose a decision maker (DM) has partial information about certain events of a σ-algebra A belonging to set ε and assesses their likelihood through a capacity v. When is this information probabilistic, i.e. compatible with a probability ? We consider three notions of compatibility with a...
Persistent link: https://www.econbiz.de/10010738629
In cooperative games, the core is the most popular solution concept, and its properties are well known. In the … subcollection of the power set of the set of players has many implications on the mathematical structure of the core, depending on …
Persistent link: https://www.econbiz.de/10010738645
graphs. We study in this perspective the core of games defined on k-regular set systems. We show that the core may be …
Persistent link: https://www.econbiz.de/10010738649