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-convexity, under which the game is shown to have a non-empty core and the average tree solution lies in the core. In general, link …
Persistent link: https://www.econbiz.de/10011255465
service that generates the revenues. We focus on the study of the core of cost-revenue games. Under the assumption that … shown that a cost-revenue game has a non-empty core for any vector of revenues if, and only if, the dual game of the cost … game has a large core. Using this result, we investigate minimum cost spanning tree games with revenues. We show that if …
Persistent link: https://www.econbiz.de/10011257152
-180. In this paper we provide three new characterizations of largeness of the core. The first characterization of largeness of … the core is based on minimal covers of the grand coalition and associated inequalities. The second characterization shows … the relation between the bases that provide core elements of the game and the bases that provide core elements of the …
Persistent link: https://www.econbiz.de/10011256231
Harsanyi set is related to the Core and Weberset. We also characterize the Harsanyi mapping as the unique mappingsatisfying a …
Persistent link: https://www.econbiz.de/10011256545
nonnegative), and there is some hierarchical ordering of the players. In this paper we introduce the 'Restricted Core' for such … of the players. For totally positive games this solution is always contained in the 'Core', and contains the well … coalitions). For special orderings it equals the Core, respectively Shapley value. We provide an axiomatization and apply this …
Persistent link: https://www.econbiz.de/10011256619
coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
Persistent link: https://www.econbiz.de/10011257183
, these results state already that the set of Harsanyi payoff vectors is given by the core of an associated convex game, a …
Persistent link: https://www.econbiz.de/10011257230
shown that the core of a TU-game coincides with the core of the corresponding minimal rights game. Moreover, the paper … introduces the notion of the k-core cover as an extension of the core cover. The k-core cover of a TU-game consists of all … minimal rights game. It is shown that the core of a TU-game with player set N coincides with the ⌊|N |/2⌋-core cover …
Persistent link: https://www.econbiz.de/10011257257
, Ambec and Sprumont (2002) propose the downstream incremental solution as the unique welfare distribution that is core … externalities) then every weighted hierarchical solution is core-stable. In case of satiation points, it appears that every weighted …
Persistent link: https://www.econbiz.de/10011257471
This discussion paper resulted in a publication in 'Social Choice and Welfare', 2012, 39, 721-735. <P> Many economic organizations have some relational structure, meaning that economic agents do not only differ with respect to certain individual characteristics such as wealth and preferences, but...</p>
Persistent link: https://www.econbiz.de/10011256206