Showing 1 - 10 of 36
of coalitions are explicitly taken into account. We formulate conditions under which it leads to a core element and …
Persistent link: https://www.econbiz.de/10012957744
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
, it is shown that a decreasing unit price function is a sufficient condition for a non-empty core: the Direct Price … solution is both a core element and a marginal vector. It is seen that the nucleolus of an MCP-game can be derived in …
Persistent link: https://www.econbiz.de/10013107420
If the excesses of the coalitions in a transferable utility game are weighted, then we show that the arising weighted modifications of the well-known (pre)nucleolus and (pre)kernel satisfy the equal treatment property if and only if the weight system is symmetric in the sense that the weight of...
Persistent link: https://www.econbiz.de/10013087342
The analysis of single-valued solution concepts for coalitional games with transferable utilities has a long tradition. Opposed to most of this literature we will not deal with solution concepts that provide payoffs to the players for the grand coalition only, but we will analyze allocation...
Persistent link: https://www.econbiz.de/10012725552
This paper revisits the Alexia value, a recent solution concept for cooperative transferable utility games. We introduce the dual Alexia value and show that it coincides with the Alexia value for several classes of games. We demonstrate the importance of the notion of compromise stability for...
Persistent link: https://www.econbiz.de/10012729181
theoretic perspective. A corresponding preparation sequencing game is defined and the focus is on the core and nucleolus of such …
Persistent link: https://www.econbiz.de/10014196913
shown that these games have a nonempty core and a complete description of the core is provided …
Persistent link: https://www.econbiz.de/10014057889
representation we also define a generalized Bird allocation which we show to be in the core of the corresponding appropriate …
Persistent link: https://www.econbiz.de/10014171035
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