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distributive lattice, hence generated by a partial order on the set of players. Its core may be unbounded, and the bounded core …, which is the union of all bounded faces of the core, proves to be a useful solution concept in the framework of games with … precedence constraints. Replacing the inequalities that define the core by equations for a collection of coalitions results in a …
Persistent link: https://www.econbiz.de/10011025926
distributive lattice, hence generated by a partial order on the set of players. Its core may be unbounded, and the bounded core …, which is the union of all bounded faces of the core, proves to be a useful solution concept in the framework of games with … precedence constraints. Replacing the inequalities that define the core by equations for a collection of coalitions results in a …
Persistent link: https://www.econbiz.de/10010775866
distributive lattice, hence generated by a partial order on the set of players. Its core may be unbounded, and the bounded core …, which is the union of all bounded faces of the core, proves to be a useful solution concept in the framework of games with … precedence constraints. Replacing the inequalities that define the core by equations for a collection of coalitions results in a …
Persistent link: https://www.econbiz.de/10010784118
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