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On Axiomatizations of the Shapley Value for Assignment Games
Brink, Rene van den; Pinter, Miklos - Tinbergen Instituut - 2012
We consider the problem of axiomatizing the Shapley value on the class of assignment games. We first show that several axiomatizations of the Shapley value on the class of all TU-games do not characterize this solution on the class of assignment games by providing alternative solutions that...
Persistent link: https://www.econbiz.de/10011256194
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Transfers and Exchange-Stability in Two-Sided Matching Problems
Lazarova, Emiliya; Borm, Peter; Estévez-Fernández, Arantza - Tinbergen Instituut - 2014
In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by monetary reward functions. We characterize Pareto optimal matchings by means of contractually exchange stability and matchings of maximum total reward by means of compensation...
Persistent link: https://www.econbiz.de/10011257556
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Composition Properties in the River Claims Problem
Ansink, Erik; Weikard, Hans-Peter - Tinbergen Instituut - 2013
In a river claims problem, agents are ordered linearly, and they have both an initial water endowment as well as a claim to the total water resource. We provide characterizations of two solutions to this problem, using Composition properties which have particularly relevant interpretations for...
Persistent link: https://www.econbiz.de/10011256707
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The Economics of Transboundary River Management
Ansink, Erik; Houba, Harold - Tinbergen Instituut - 2014
game theory to assess the economics of transboundary river water allocation in a simple model of river sharing. This model …We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the … attention to the strategic aspects of transboundary river water allocation. These strategic aspects are captured by employing …
Persistent link: https://www.econbiz.de/10011257048
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Moral Property Rights in Bargaining with Infeasible Claims
Gächter, Simon; Riedl, Arno - Tinbergen Instituut - 2003
In many business transactions, in labor-management relations, in internationalconflicts, and welfare state reforms bargainers hold strong entitlements that are oftengenerated by claims that are not feasible any more. These entitlements seem to considerablyshape negotiation behavior. By using the...
Persistent link: https://www.econbiz.de/10011257191
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Dividing justly in Bargaining Problems with Claims
Gächter, Simon; Riedl, Arno - Tinbergen Instituut - 2004
Theoretical research on claims problems has concentrated on normative properties and axiomatizations of solution concepts. We complement these analyses by empirical evidence on the predictability of three classical solution concepts in a bankruptcy problem. We examine both people's impartial...
Persistent link: https://www.econbiz.de/10011257568
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Two Values for Transferable Utility Games with Coalition and Graph Structure
Brink, Rene van den; Laan, Gerard van der; Moes, Nigel - Tinbergen Instituut - 2011
This discussion paper led to a publication in 'TOP' (forthcoming).<P> In this paper we introduce and characterize two new values for transferable utility games with graph restricted communication and a priori unions. Both values are obtained by applying the Shapley value to an associated TU-game....</p>
Persistent link: https://www.econbiz.de/10011255446
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The Average Tree Solution for Cooperative Games with Communication Structure
Herings, P. Jean-Jacques; Laan, Gerard van der; Talman, Dolf - Tinbergen Instituut - 2008
This discussion paper resulted in a publication in 'Games and Economic Behavior', 2010, 68, 626-633. <P> We study cooperative games with communication structure, represented by an undirected graph. Players in the game are able to cooperate only if they can form a network in the graph. A...</p>
Persistent link: https://www.econbiz.de/10011255465
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Harsanyi Power Solutions for Graph-restricted Games
Brink, René van den; Laan, Gerard van der; Pruzhansky, … - Tinbergen Instituut - 2004
This discussion paper resulted in a publication in the 'International Journal of Game Theory', 40, 87-110.<P> A …
Persistent link: https://www.econbiz.de/10011255491
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Power Measures and Solutions for Games under Precedence Constraints
Algaba, Encarnacion; Brink, René van den; Dietz, Chris - Tinbergen Instituut - 2015
In the literature, there exist several models where a cooperative TU-game is enriched with a hierarchical structure on the player set that is represented by a digraph. We consider games under precedence constraints introduced by Faigle and Kern (1992) who also introduce a generalization of the...
Persistent link: https://www.econbiz.de/10011255563