Showing 1 - 10 of 10
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10009024339
In a commonvalueauction in which the information partitions of the bidders are connected, all rings are core-stable. More precisely, the ex ante expected utilities of rings, at the (noncooperative) sophisticated equilibrium proposed by Einy et al. [Einy, E., Haimanko, O., Orzach, R., Sela, A.,...
Persistent link: https://www.econbiz.de/10009493427
Traditionally, cooperative game theory has been applied to a variety of water resource problems assuming a deterministic pattern of supply. On the other hand, in view of the important role that water plays in regional and local projects, and taking into account that with climate change affecting...
Persistent link: https://www.econbiz.de/10008799440
We investigate the relative efficiency of an agreement based on a uniform standard without transfers and one based on differentiated standards with transfers when strictly identical countries deal with transboundary pollution. We especially ask what role fixed cost plays. Two approaches are...
Persistent link: https://www.econbiz.de/10009189922
La classe des jeux hédonistiques purs modélisent des situations d’interactions sociales où l’utilité de chaque joueur dépend seulement de l’identité du groupe auquel il appartient. L’article propose une condition nécessaire et suffisante pour l’existence de partition stable, au...
Persistent link: https://www.econbiz.de/10008520022
Dans cette note, on propose quelques applications directes d’un résultat d’existence de Bonnisseau et Iehlé (2003). Ces auteurs ont montré l’existence d’allocations du cœur dans les jeux NTU qui satisfont un équilibre de taux de transfert sous une condition de balancement...
Persistent link: https://www.econbiz.de/10008532339
We prove that a natural monopoly can set subsidy free pricing and sustainable pricing schedules in general economic environment. The setting is a multiproduct and multiple agent contestable market where demands are elastic and where rivals can enter the sub-markets composed by a set of the...
Persistent link: https://www.econbiz.de/10008532485
We prove the non-emptiness of the core of an NTU game satisfying a condition of payoff-dependent balancedness, based on transfer rate mappings. We also define a new equilibrium condition on transfer rates and we prove the existence of core payoff vectors satisfying this condition. The additional...
Persistent link: https://www.econbiz.de/10008532573
We consider two-sided matching markets in which agents have private information on a state of nature which determines the agents' utilities of matching. Monetary transfers are allowed and utility functions are quasi-linear. The model thus extends the assignment game introduced by Shapley and...
Persistent link: https://www.econbiz.de/10008532579
Nous considérons la vente aux enchères sous pli scellé au second prix d'un objet que chaque acquéreur potentiel évalue de manière « privée et indépendante ». Nous montrons que l'optimum ex ante d'un cartel, sous contraintes d'incitation et d'équilibre ex post des transferts, coïncide...
Persistent link: https://www.econbiz.de/10008543991