Showing 1 - 10 of 123
Abstract: This paper considers spatial autoregressive (SAR) binary choice models in the context of panel data with fixed effects, where the latent dependent variables are spatially correlated. Without imposing any parametric structure of the error terms, this paper proposes a smoothed spatial...
Persistent link: https://www.econbiz.de/10011092461
A random intersection graph is constructed by independently assigning each vertex a subset of a given set and drawing an edge between two vertices if and only if their respective subsets intersect. In this paper a model is developed in which each vertex is given a random weight, and vertices...
Persistent link: https://www.econbiz.de/10011091616
different voting systems within the same parliamentary body. This paper analyzes the core and the Shapley value of three …-valued simple games. Using the concept of vital players, the vital core is constructed and we show that the vital core is a subset … of the core. The Shapley value is characterized on the class of all three-valued simple games. The model is applied to …
Persistent link: https://www.econbiz.de/10011268490
coalitions we show that every Step out - Step in sequencing game<br/>has a non-empty core. This upper bound is a sufficient … condition for a sequencing<br/>game to have a non-empty core. Moreover, this paper provides a polynomial time<br/>algorithm to …
Persistent link: https://www.econbiz.de/10011144428
nite set of players, for which it has to be determined how much payof each player must receive. The core of an NTU … guarantee that the Shapley value, being the average of all marginal vectors of the game, is an element of the core. Convexity of … elements of the core. As solution concept for NTU-games we propose a set of solutions that is determined by the average of all …
Persistent link: https://www.econbiz.de/10011144434
convexity type condition is provided that guarantees its stability with respect to an appropriately defined core concept. An …
Persistent link: https://www.econbiz.de/10011144450
AMS classifications: 90D12, 90C05, 90C34.
Persistent link: https://www.econbiz.de/10011092623
The core cover of a TU-game is a superset of the core and equals the convex hull of its larginal vectors. A larginal … called compromise stable if the core is equal to the core cover, i.e. the core is the convex hull of the larginal vectors. In … larginal vector of the set is a core element, then the game is compromise stable. The first characterization of these sets is …
Persistent link: https://www.econbiz.de/10011092639
A connected graph G=(V,E), a vertex in V and a non-negative weight function defined on Ecan be used to induce Chinese postman and traveling salesman (cooperative) games. A graph G=(V,E) is said to be locally (respectively, globally) Chinese postman balanced (respectively, totally balanced,...
Persistent link: https://www.econbiz.de/10011092684
-building set. Properties of this solution are also studied. To establish core stability we introduce appropriate convexity …
Persistent link: https://www.econbiz.de/10011092854