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For any TU game and any ranking of players, the set of all preimputations compatible with the ranking, equipped with the Lorenz order, is a bounded join semi-lattice. Furthermore, the set admits as sublattice the S-Lorenz core intersected with the region compatible with the ranking. This result...
Persistent link: https://www.econbiz.de/10011228181
In a committee where cooperative voting occurs, effectivity functions describe the blocking power of coalitions. It is a binary relation that says for each coalition T and each subset of outcomes B whether or not T can force the final outcome within B. The corresponding cooperative stability...
Persistent link: https://www.econbiz.de/10010765456
If the allocations of a differential information economy are defined as incentive compatible state-contingent lotteries over consumption goods, competitive equilibrium allocations exist and belong to the (ex ante incentive) core. Furthermore, any competitive equilibrium allocation can be viewed...
Persistent link: https://www.econbiz.de/10010706418
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/10010706527
Persistent link: https://www.econbiz.de/10010707282
In a hedonic game the preference relation of each player is defined on the set of coalitions that contain the player. The paper provides a necessary and sufficient condition for core-partition existence in a hedonic game. The condition is based on a new concept of balancedness, called pivotal...
Persistent link: https://www.econbiz.de/10010707355
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/10010707620
The interpretation of gene interaction in biological networks generates the need for a meaningful ranking of network elements. We introduce a new approach using coalitional games to evaluate the centrality of genes in networks keeping into account genes interactions. The Shapley value for...
Persistent link: https://www.econbiz.de/10010707932
The goal of this work is to provide a comprehensive review of different Game Theory applications that have been recently used to predict the behavior of non-rational agents in interaction situations arising from computational biology. In the first part of the paper, we focus on evolutionary...
Persistent link: https://www.econbiz.de/10010708164
Most of the international environmental agreements that have been signed in the past to resolve transboundary pollution problems appear constrained in the sense that either monetary transfers accompany uniform abatement standards (agreements based on a uniform standard with monetary transfers),...
Persistent link: https://www.econbiz.de/10010708533