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having a nonempty core, and this core is usually considered as the solution of game. Based on the concept of k-additivity, we … define to so-called k-balanced games and the corresponding generalization of core, the k-additive core, whose elements are … corresponding k-additive core is not empty. For the games in the k-additive core, we propose a sharing procedure to get an …
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We study cooperative games associated with a communication structure which takes into account a level of communication between players. Let us consider an undirected communication graph: each node represents a player and there is an edge between two nodes if the corresponding players can...
Persistent link: https://www.econbiz.de/10009359830
This note proposes an example which contradicts the idea that similar countries will negotiate an agreement on a uniform standard. It shows that strictly identical countries may have an interest in reducing their emissions differently, and not in a uniform way. This result relies on the...
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We study the structure of unstable local effectivity functions defined for n players and p alternatives. A stability index based on the notion of cycle is introduced. In the particular case of simple games, the stability index is closely related to the Nakamura Number. In general it may be any...
Persistent link: https://www.econbiz.de/10005025524
An element of the possibly unbounded core of a cooperative game with precedence constraints belongs to its bounded core … if any transfer to a player from any of her subordinates results in payoffs outside the core. The bounded core is the … union of all bounded faces of the core, it is nonempty if the core is nonempty, and it is a continuous correspondence on …
Persistent link: https://www.econbiz.de/10009493567
In cooperative games, the core is one of the most popular solution concept since it ensures coalitional rationality …. For non-balanced games however, the core is empty, and other solution concepts have to be found. We propose the use of … particular, the k-additive core proposed by Grabisch and Miranda is a general solution preserving coalitional rationality which …
Persistent link: https://www.econbiz.de/10010641780