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We prove that for any coalitional game the core coincides with the bargaining set à la Davis and Maschler when we …
Persistent link: https://www.econbiz.de/10011278755
that a simple majority rule required to break global cooperation guarantees the existence of core-stable allocations …
Persistent link: https://www.econbiz.de/10010836007
This paper uses dynamic games with complete and perfect information in solution of water conflict in Central Asia. The benefits and costs of the countries for their actions are modelled as payoffs for decision-makers within the frame of game theory concept. The equilibrium increasing the...
Persistent link: https://www.econbiz.de/10010629347
game is associated and the proportional distribution arises as a natural core allocation. We describe a necessary and … sufficient condition for which the core of the game shrinks to the proportional distribution. Furthermore, we characterize … axiomatically the proportional distribution by means of three properties: core-selection, core-invariance and resource monotonicity …
Persistent link: https://www.econbiz.de/10010726673
and the transformed one, which is called the Weber set of level k. We prove that the core of the original game is included …
Persistent link: https://www.econbiz.de/10010737503
Maschler et al. (1979) provide a geometrical characterization for the intersection of the kernel and the core of a … each pair of players. In the case of the assignment game, this means that the kernel can be determined as those core … allocations where the maximum amount, that can be transferred without getting outside the core, from one agent to his …
Persistent link: https://www.econbiz.de/10009371382
In this paper we study the equity core (Selten, 1978) and compare it with the core. A payoff vector is in the equity … core if no coalition can divide its value among its members proportionally to a given weight system and, in this way, give … more to each member than the amount he or she receives in the payoff vector. We show that the equity core is a compact …
Persistent link: https://www.econbiz.de/10010747091
For simple economic models of transfrontier pollution, Chander and Tulkens (1995) and (1997) have offered a formula for transfers to sustain international cooperation on a voluntary basis and which deter coalitionnal free-riding under some reasonable behaviours of countries not in the coalition....
Persistent link: https://www.econbiz.de/10010836166
For simple economic models of transfrontier pollution, Chander and Tulkens (1995) and (1997) have offered a formula for transfers to sustain international cooperation on a voluntary basis and which deter coalitionnal free-riding under some reasonable behaviours of countries not in the coalition....
Persistent link: https://www.econbiz.de/10005094644
-sided assignment game. We prove that core allocations of the latter are in a one-to-one correspondence with competitive prices of the …
Persistent link: https://www.econbiz.de/10008625861