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The coalition formation problem in an economy with externalities can be adequately modeled by using games in partition … function form (PFF games), proposed by Thrall and Lucas. If we suppose that forming the grand coalition generates the largest … total surplus, a central question is how to allocate the worth of the grand coalition to each player, i.e., how to find an …
Persistent link: https://www.econbiz.de/10010635158
We propose an analytical resolution of Schelling segregation model for a general class of utility functions. Using evolutionary game theory, we provide conditions under which a potential function, which characterizes the global configuration of the city and is maximized in the stationary state,...
Persistent link: https://www.econbiz.de/10008793002
In his 1971's Dynamic Models of Segregation paper, the economist Thomas C. Schelling showed that a small preference for one's neighbors to be of the same color could lead to total segregation, even if total segregation does not correspond to individual preferences and to a residential...
Persistent link: https://www.econbiz.de/10008793080
In this article, we propose distributed learning based approaches to study the evolution of a decentralized hierarchical system, an illustration of which is the smart grid. Smart grid management requires the control of non-renewable energy production and the inegration of renewable energies...
Persistent link: https://www.econbiz.de/10010820977
-operation can result from a strategic actionfrom the members of the coalition. The insiders of the coalition create an incentive for …
Persistent link: https://www.econbiz.de/10008789026
government is defined as a pair consisting of a winning coalition and a policy supported by this coalition, where a policy …
Persistent link: https://www.econbiz.de/10008789606
two standard-setting coalitions instead of one and what determines the success of a standard coalition. We test … higher the similarity of the members in the coalition, the greater the probability of standard coalition success. Furthermore …
Persistent link: https://www.econbiz.de/10008794356
coaliser, ce qui se traduit par une réduction du coût de recherche pour trouver d'autres sites à l'intérieur de la coalition …
Persistent link: https://www.econbiz.de/10008794393
In coalitional games with side payments, the core predicts which coalitions form and how benefits are shared. The predictions however run into difficulties if the core is empty or if some coalitions benefit from not blocking truthfully. These difficulties are analyzed in games in which an a...
Persistent link: https://www.econbiz.de/10010738801
each coalition is estimated as well as their desired interest rate. Finally, we assess the contribution of each coalition …
Persistent link: https://www.econbiz.de/10010899489