Showing 1 - 10 of 29
scale such games are quite tractable in analysis, computation, and realization. A core imputation comes in terms of …
Persistent link: https://www.econbiz.de/10011401340
) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable … possible explanation for cartels' structures (not) observed in practice. -- auctions ; Bayesian game ; collusion ; core …
Persistent link: https://www.econbiz.de/10003974150
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a … incentive compatible core can be empty, even if utility functions are quasi-linear. If, in addition to quasi-linearity, further … assumptions are made (like independent private values), the non-emptiness of the core follows nevertheless from d'Aspremont and …
Persistent link: https://www.econbiz.de/10003301240
on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous … sacrifice") which is derived from the egalitarian-equivalent concept suggested by Moulin (1987). We also develop a simple core … test by which it can be checked whether a given allocation is in the core thus being a possible outcome of a cooperative …
Persistent link: https://www.econbiz.de/10003983187
We investigate whether politicians award intergovernmental grants to core supporters. Our new dataset contains … results show that discretionary grants were awarded to municipalities with many core supporters of the incumbent state …
Persistent link: https://www.econbiz.de/10011541062
points at the end of 2022. In contrast, the impact on measures of core inflation such as trimmed mean PCE inflation is only 0 …
Persistent link: https://www.econbiz.de/10012696925
We construct a general equilibrium model of a two-country trading block where governments through tax policies attract mobile capital, and provide an imported public consumption good. At Nash equilibrium, when the public good is under-provided, (i) a country with a large GDP, has a large Nash...
Persistent link: https://www.econbiz.de/10011399347
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011298544
This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions and social identities in response to technological change...
Persistent link: https://www.econbiz.de/10011434452
Intelligence and personality significantly affect social outcomes of individuals. We study how and why these traits affect the outcome of groups, looking specifically at how these characteristics operate in repeated interactions providing opportunity for profitable cooperation. Our experimental...
Persistent link: https://www.econbiz.de/10011547729