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Positional wages, market wages and firm size
Brink, René van den; Ruys, Pieter H. M. - 2005
We model a firm in an institutional market setting, consisting of a production technology and its governance. The governance consists of a hierarchical firm structure, a cost efficiency parameter,and an internal pay system. The depth of the firm is determined by profit maximization under the...
Persistent link: https://www.econbiz.de/10011343293
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On weighted-egalitarian values for cooperative games
Zou, Zhengxing; Brink, René van den; Funaki, Yukihiko - 2024
We propose and characterize weighted-egalitarian values for cooperative transferable utility games. Each weighted …
Persistent link: https://www.econbiz.de/10014505372
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Cooperation in an overlapping generations experiment
Offerman, Theo; Potters, Jan - 1999
Persistent link: https://www.econbiz.de/10001363380
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The balanced solution for co-operative transferable utility games
Brink, René van den; Levínský, René; Zeleny, Miroslav - 2007
The Shapley value of a cooperative transferable utility game distributes the dividend of each coalition in the game …
Persistent link: https://www.econbiz.de/10011372977
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Consistency, monotonicity and implementation of egalitarian shapley values
Brink, René van den; Funaki, Yukihiko; Ju, Yuan - 2007
cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division … of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …
Persistent link: https://www.econbiz.de/10011372987
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A value for directed communication situations
González-Arangüena, Enrique; Manuel, Conrado; Gómez, … - 2008
In this paper we introduce an extension of the model of restricted communication in cooperative games as introduced in … players enter the coalition. Therefore, we model the communication network by a directed graph and the cooperative game by a …
Persistent link: https://www.econbiz.de/10011373812
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Axiomatizations of two types of shapley values for games on union closed systems
Brink, René van den; Katsev, Ilya; Laan, Gerard van der - 2009
cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff …
Persistent link: https://www.econbiz.de/10011378792
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The shapley value and games with hierarchies
Algaba, Encarnación; Brink, René van den - 2019
In this paper we focus on restrictions arising from the players belonging to some hierarchical structure that is represented by a digraph. Two of these models are the games with a permission structure and games under precedence constraints. In both cases, the hierarchy can be represented by a...
Persistent link: https://www.econbiz.de/10012061504
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Games with a permission structure : a survey on generalizations and applications
Brink, René van den - 2017
In the field of cooperative games with restricted cooperation, various restrictions on coalition formation are studied … in a cooperative transferable utility game are part of a permission structure in the sense that there are players that …
Persistent link: https://www.econbiz.de/10011590400
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Cooperation in an overlapping generations experiment
Offerman, Theo; Potters, Jan; Verbon, Harry A. A. - 1998
. Cooperation in such games can be sustained as aNash equilibrium. Besides the efficient cooperative equilibrium there is alsothe … inefficient non-cooperative equilibrium. This paper investigatesexperimentally whether cooperation actually occurs in a simple … unconditional defectorsprevents the cooperative outcome to evolve. …
Persistent link: https://www.econbiz.de/10011301169