Showing 1 - 7 of 7
Nous présentons un exemple archétypal de jeu à champ moyen. Cet exemple est important à deux égards. Tout d'abord, il est suffisamment simple pour permettre l'obtention de solutions explicites : les fonctions de Bellman sont quadratiques, les mesures stationnaires gaussiennes et l'étude de...
Persistent link: https://www.econbiz.de/10009131128
We present mathematical results allowing one to evaluate the moments of order 1 and 2 of the cedent's share in the framework of reinsurance treaties based on ordered claimsizes. These results consist of closed analytical formulas that do not involve any approximation procedure. This is...
Persistent link: https://www.econbiz.de/10008492133
) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …
Persistent link: https://www.econbiz.de/10009024339
In a commonvalueauction in which the information partitions of the bidders are connected, all rings are core … form, in spite of the underlying strategic externalities. A ring is core-stable if the core of this characteristic function … core-stable. …
Persistent link: https://www.econbiz.de/10009493427
This paper characterizes the core of a differentiable convex distortion of a probability measure on a nonatomic space … dominance. The densities that have the same distribution as the derivative of the distortion are the extreme points of the core …
Persistent link: https://www.econbiz.de/10008790082
incentive compatibility constraints : the associated ex ante core is generically nonempty. However, we exhibit a well …–behaved exchange economy in which this core is empty, even if goods are allocated through random mechanisms. …
Persistent link: https://www.econbiz.de/10008790083
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 requirement of transfer rate equilibrium refines the core concept and allows …
Persistent link: https://www.econbiz.de/10008532573