Showing 1 - 10 of 54
One answers to an open question of Herings et al. (2008), by proving that their fixed point theorem for discontinuous functions works for mappings defined on convex compact subset of $\R^n$, and not only polytopes. This fixed point theorem can be applied to the problem of Nash equilibrium...
Persistent link: https://www.econbiz.de/10009643775
One answers to an open question of Herings et al. (2008), by proving that their fixed point theorem for discontinuous functions works for mappings defined on convex compact subset of a Euclidean space, and not only polytopes. This rests on a fixed point result of Toussaint
Persistent link: https://www.econbiz.de/10010750537
In a recent but well known paper, Reny has proved the existence of Nash equilibria for compact and quasiconcave games, with possibly discontinuous payoff functions. In this paper, we prove that the quasiconcavity assumption in Reny's theorem can be weakened : we introduce a measure allowing to...
Persistent link: https://www.econbiz.de/10010738583
This paper provides a fixed point theorem à la Schauder, where the mappings considered are possibly discontinuous. Our main result generalizes and unifies several well-known results.
Persistent link: https://www.econbiz.de/10010750539
Crisis management theory and practice was in the main elaborated in the late 70s and 80s and developed and implemented in the 90s. We now have a rich knowledge of crisis intelligence and best practices. But, even if we can be proud of that advance, a further challenge remains: crises in the 21st...
Persistent link: https://www.econbiz.de/10008794129
A local public goods game in weighted and directed networks is analyzed. Individual efforts are imperfect substitutes, players' preferences are heterogeneous and local externalities are non-uniform and asymmetric. Sufficient conditions under which the game admits a unique equilibrium are...
Persistent link: https://www.econbiz.de/10009651558
In recent years, there has been a rising concern about the policy of major search engines, and more specifically about their ranking in so-called organic results corresponding to keywords searches. The associated proposition is that their behavior should be regulated. The concern comes from...
Persistent link: https://www.econbiz.de/10010607349
We deal with the problem of outsourcing the debt for a big investment, according two situations: either the firm outsources both the investment (and the associated debt) and the exploitation to a private consortium, or the firm supports the debt and the investment but outsources the...
Persistent link: https://www.econbiz.de/10010723292
Answering to an open question of Herings et al. (see [3]), one extends their fixed point theorem to mappings defined on convex compact subset of Rn, and not only polytopes. Such extension is important in non-cooperative game theory, where typical strategy sets are convex and compact. An...
Persistent link: https://www.econbiz.de/10010750719
We introduce a description of the power structure which is inherent in a strategic game form using the concept of an interaction sheaf. The latter assigns to each open set of outcomes a set of interaction arrays, specifying the changes that coalitions can make if outcome belongs to this open...
Persistent link: https://www.econbiz.de/10010750768