Showing 1 - 10 of 30
In this paper it is shown that the core and the bargaining sets of Davis-Maschler and Zhou coincide in a class of shortest path games.
Persistent link: https://www.econbiz.de/10005771032
Pareto equilibria in multicriteria games can be computed as the Nash equilibria games, obtained by assigning weights to the separate criteria of a player. To analysts, these weights are usually unknown. This paper therefore proposes ideal equilibria, strategy profiles that are robust against...
Persistent link: https://www.econbiz.de/10005779788
In this paper it is shown that the core and the bargaining sets of Davis-Maschler and Zhou coincide in a class of shortest path games.
Persistent link: https://www.econbiz.de/10005634509
A set of necessary and sufficient conditions for convexity of a transferable utility game in terms of its decomposition into unanimity games is shown to be minimal: none of the conditions is redundant. The result is used to provide an axiomatization of the Shapley value on the set of convex games.
Persistent link: https://www.econbiz.de/10005634533
Since the sinking of the Titanic, there has been a widespread belief that the social norm of ‘women and children first’ gives women a survival advantage over men in maritime disasters, and that captains and crew give priority to passengers. We analyze a database of 18 maritime disasters...
Persistent link: https://www.econbiz.de/10010699701
We extend a standard taxable income model with its typical functional-form assumptions to account for nonlinear budget sets. We propose a new method to estimate a taxable income elasticity that is more policy relevant than the typically estimated elasticity based on linearized budget sets. Using...
Persistent link: https://www.econbiz.de/10011124338
Persistent link: https://www.econbiz.de/10005634572
In this paper, we study the short-run effect of salary receipt on mortality among Swedish public sector employees. By using data on variation in pay-days across work-places, we completely control for mortality patterns related to, for example, public holidays and other special days or events...
Persistent link: https://www.econbiz.de/10010945095
This paper uses unique micro data from a Swedish occupational pension plan to study the determinants of annuitization. The data is merged with national administrative data to create a large data set with rich individual background characteristics. The pension can either be withdrawn as a life...
Persistent link: https://www.econbiz.de/10011272202
One of the major problems of the U.S. health insurance market is that it leaves individuals exposed to reclassification risk. Reclassification risk arises because the health conditions of individuals evolve over time, while a typical health insurance contract only lasts for one year. A change in...
Persistent link: https://www.econbiz.de/10009386414