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Consistency, monotonicity and implementation of egalitarian shapley values

Brink, René van den; Funaki, Yukihiko; Ju, Yuan - 2007

of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …

Persistent link: https://www.econbiz.de/10011372987

Axiomatization and implementation of discounted shapley values

Brink, René van den; Funaki, Yukihiko - 2010

characterizes the corresponding delta-discounted Shapley value. Moreover, we provide a strategic implementation of these solutions …

Persistent link: https://www.econbiz.de/10011380928

Decision initiation, decision implementation, and the allocation of decision rights

Sloof, Randolph; Siemens, Ferdinand von - 2015

initiation and implementation. If these have social preferences, they might thus sabotage both project choices and implementation … to express their discontent with the allocation of decision rights. How decisions come about also affects implementation … implementation leads to more delegation, but only if workers have high costs of obstructing informed decisions. We further find that …

Persistent link: https://www.econbiz.de/10011333082

A strategic implementation of the average tree solution for cycle-free graph games

Brink, René van den; Laan, Gerard van der; Moes, Nigel - 2012

Persistent link: https://www.econbiz.de/10009722639

Auctioning and selling positions : a non-cooperative approach to queuing conflicts

Brink, René van den; Chun, Youngsub; Ju, Yuan - 2014

Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where players with different waiting costs have to form a queue in order to be served, they firstly compete with...

Persistent link: https://www.econbiz.de/10010238945

International trade with firm heterogeneity in factor shares

Namini, Julian Emami - 2012

) globalization decreases labor’s share in national income; (iv) the larger the share of exporters in the industry, the larger the … increase in the industry’s wages due to globalization. …

Persistent link: https://www.econbiz.de/10011377609

Internet portals as portfolios of entry options

Perotti, Enrico C.; Rossetto, Silvia - 2000

We investigate the valuation of platform investment, such as asoftware operating system or anInternet portal WebPage. Platform investment is the creation of aninnovative distribution andproduction infrastructure, which increases access to customers; as aresult it reduces entry costs inrelated...

Persistent link: https://www.econbiz.de/10011304383

Market liquidity, investor participation and managerial autonomy : why do firms go private?

Boot, Arnoud W. A.; Gopaian, Radhakrishnan; Thakor, Anjan V. - 2005

We analyze a publicly-traded firm's decision to stay public or go private when managerial autonomy from shareholder intervention affects the supply of productive inputs by management. We show that both the advantage and the disadvantage of public ownership relative to private ownership lie in...

Persistent link: https://www.econbiz.de/10011348720

Intra firm bargaining and shapley values

Bruegemann, Bjoern; Gautier, Pieter; Menzio, Guido - 2015

The paper revisits the problem of wage bargaining between a firm and multiple workers. We show that the Subgame Perfect Equilibrium of the extensive-form game proposed by Stole and Zwiebel (1996a) does not imply a profile of wages and profits that coincides with the Shapley values as claimed in...

Persistent link: https://www.econbiz.de/10011327338

Market liquidit y, investor participation and managerial autonomy: why do firms go private?

Boot, Arnoud W. A.; Gopalan, Radhakrishnan; Thakor, Anjan V. - 2006

Persistent link: https://www.econbiz.de/10003268862