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-emptiness of the strong core and the second domain restriction ensures non-emptiness of the weak core of the corresponding hedonic … games.Moreover, an element of the strong core under friends appreciation can be found in polynomial time, while finding an … element of the weak core under enemies aversion is NP-hard.We examine also the relationship between our domain restrictions …
Persistent link: https://www.econbiz.de/10011092071
This paper employs a cooperative approach to insurance group formation problems.The insurance group formation is analyzed in terms of stability with respect to one-person deviations.Depending on the exact contractual setting, three stability concepts are proposed: individual, contractual and...
Persistent link: https://www.econbiz.de/10011090669