Showing 1 - 8 of 8
This paper considers situations characterized by a common-pool resource, which needs to be divided among agents. Each of the agents has some claim on this pool and an individual reward function for assigned resources. This paper analyzes not only the problem of maximizing the total joint reward,...
Persistent link: https://www.econbiz.de/10013128540
shown that these games have a nonempty core and a complete description of the core is provided …
Persistent link: https://www.econbiz.de/10014057889
To verify whether a transferable utility game is exact, one has to check a linear inequality for each exact balanced collection of coalitions. This paper studies the structure and properties of the class of exact balanced collections. Comparing the definition of exact balanced collections with...
Persistent link: https://www.econbiz.de/10013130233
This paper builds on the recent work of Groote Schaarsberg, Reijnierse and Borm (2018) on mutual liability problems. In essence, a mutual liability problem comprises a financial network in which agents may have both monetary individual assets and mutual liabilities. Here mutual liabilities...
Persistent link: https://www.econbiz.de/10012846209
This paper introduces a framework for joint hub network development. Building a joint physical hub for transhipment of goods is expensive and therefore involves considerable risks for the cooperating companies. In a practical setting, it is unlikely that an entire network will be built at once....
Persistent link: https://www.econbiz.de/10014223600
To model inter-individual externalities and analyze the associated compensation issue, Ju and Borm (2005) introduces a new game-theoretic framework, primeval games, and proposes, from a cooperative perspective, three compensation rules as solution concepts for primeval games: the marginalistic...
Persistent link: https://www.econbiz.de/10014055109
In order to be able to devise successful strategies for destabilizing terrorist organizations it is vital to recognize and understand their structural properties. This paper deals with the optimal communication structure of terrorist organizations when considering the tradeoff between secrecy...
Persistent link: https://www.econbiz.de/10014220114
Decision makers in the field of national security, counterterrorism and counterinsurgency are faced with an uncertain, adaptive and asymmetrical threat. It should come as no surprise that a great need exists to understand covert organizations, the structure of which becomes known partially only...
Persistent link: https://www.econbiz.de/10013143055