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Persistent link: https://www.econbiz.de/10005284181
A simple protocol for coalition formation is presented. First, an order of the players is randomly chosen. Then, a coalition grows by sequentially incorporating new members in this order. The protocol is studied in the context of non-transferable utility (NTU) games in characteristic function...
Persistent link: https://www.econbiz.de/10005257322
Tijs et al. [23] introduce the family of obligation rules for minimum cost spanning tree problems. We give a generalization of such family. We prove that our family coincides with the set of rules satisfying an additivity property and a cost monotonicity property. We also provide two new...
Persistent link: https://www.econbiz.de/10008865264
Agents are connected each other through a tree. Each link of the tree has an associated cost and the total cost of the tree must be divided among the agents. In this paper we assume that agents are asymmetric (think on countries that use aqueducts to bring water from the rainy regions to the dry...
Persistent link: https://www.econbiz.de/10011052808
In the context of minimum cost spanning tree problems, we present a bargaining mechanism for connecting all agents to the source and dividing the cost among them. The basic idea is very simple: we ask each agent the part of the cost he is willing to pay for an arc to be constructed. We prove...
Persistent link: https://www.econbiz.de/10008483351