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
In this paper, we introduce a general framework for situations with decision making under uncertainty and cooperation possibilities. This framework is based upon a two stage stochastic programming approach. We show that under relatively mild assumptions the cooperative games associated with...
Persistent link: https://www.econbiz.de/10011090375
combinations of one and two person coalitions.Secondly it is shown that MLTS games with ¯ve or less players have a nonempty core ….However, a six player MLTS game may have an empty core.For the special instance where the reward between a pair of nodes is equal … to 0 or 1, we provide relations between the structure of the core and the underlying network. …
Persistent link: https://www.econbiz.de/10011090530
of all players, equal gain splitting rules are defined.It is shown that these rules lead to core elements of the …
Persistent link: https://www.econbiz.de/10011090690
Classification: JEL code C71
Persistent link: https://www.econbiz.de/10011090716
finds a core allocation in finitely many rounds. The core allocation consists of an assignment of the items and its …
Persistent link: https://www.econbiz.de/10011090743
AMS classification: 90D12; 03E72;
Persistent link: https://www.econbiz.de/10011090798
In this paper, we characterise the compromise value of a game as the barycentre of the edges of its core cover.For this …
Persistent link: https://www.econbiz.de/10011090909