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A (point-valued) solution for cooperative games with transferable utility, or simply TU-games, assigns a payoff vector to every TU-game. In this paper we discuss two classes of equal surplus sharing solutions, one consisting of all convex combinations of the equal division solution and the...
Persistent link: https://www.econbiz.de/10011256159
This discussion paper resulted in a publication in 'Social Choice and Welfare', 2012, 38, 519-529.<P> We investigate the implications of imposing balanced consistency and balanced cost reduction in the context of sequencing problems. Balanced consistency requires that the effect on the payoff from...</p>
Persistent link: https://www.econbiz.de/10011257160
This discussion paper resulted in a publication in the 'Journal of Economic Theory', 2014, 153, 33-45.<P> Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where...</p>
Persistent link: https://www.econbiz.de/10011257404