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Transfers and Exchange-Stability in Two-Sided Matching Problems
Lazarova, Emiliya; Borm, Peter; Estévez-Fernández, Arantza - 2014
uses the fact that the core of an associated compensation matching game with constraints is nonempty. …In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by … matching to a matching of maximum total reward, one can always provide a compensation schedule that will be ex-post stable in …
Persistent link: https://www.econbiz.de/10010491315
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Characterizing the Core Via K-Core Covers
Sanchez-Rodriguez, Estela; Borm, Peter; … - 2013
shown that the core of a TU-game coincides with the core of the corresponding minimal rights game. Moreover, the paper … introduces the notion of the k-core cover as an extension of the core cover. The k-core cover of a TU-game consists of all … minimal rights game. It is shown that the core of a TU-game with player set N coincides with the ⌊|N |/2⌋-core cover …
Persistent link: https://www.econbiz.de/10014038137
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Characterizations of Network Power Measures
van den Brink, René; Borm, Peter; Hendrickx, Ruud; … - 2005
A symmetric network consists of a set of positions and a set of bilateral links between these positions. Examples of such networks are exchange networks, communication networks, disease transmission networks, control networks etc. For every symmetric network we define a cooperative transferable...
Persistent link: https://www.econbiz.de/10010325263
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Characterizing the Core via k-Core Covers
Sánchez-Rodríguez, Estela; Borm, Peter; … - 2013
shown that the core of a TU-game coincides with the core of the corresponding minimal rights game. Moreover, the paper … introduces the notion of the k-core cover as an extension of the core cover. The k-core cover of a TU-game consists of all … minimal rights game. It is shown that the core of a TU-game with player set N coincides with the ? …
Persistent link: https://www.econbiz.de/10010326133
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Consistency, Monotonicity and Implementation of Egalitarian Shapley Values
van den Brink, René; Funaki, Yukihiko; Ju, Yuan - 2007
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10010325573
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Auctioning and Selling Positions: A Non-cooperative Approach to Queuing Conflicts
van den Brink, René; 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/10010377193
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Nontransferable Utility Bankruptcy Games
Estévez-Fernández, Arantza; Borm, Peter; … - 2014
merge convex and ordinal convex. Generalizing the notions of core cover and compromise stability for transferable utility …
Persistent link: https://www.econbiz.de/10010377244
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A Non-cooperative Approach to the Compensation Rules for Primeval Games
Ju, Yuan; Borm, Peter - Centre for Economic Research, School of Economics and … - 2006
To model inter-individual externalities and analyze the associated compensation issue, Ju and Borm (2005) introduces a new game-theoretic framework, primeval games, and proposes, from a cooperative perspective, three compensation rules as solution concepts for primeval games: the marginalistic...
Persistent link: https://www.econbiz.de/10005416694
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Implementing Cooperative Solution Concepts: a Generalized Bidding Approach
Ju, Yuan; Wettstein, David - Centre for Economic Research, School of Economics and … - 2006
This paper provides a framework for implementing and comparing several solution concepts for transferable utility cooperative games.We construct bidding mechanisms where players bid for the role of the proposer. The mechanisms differ in the power awarded to the proposer. The Shapley, consensus...
Persistent link: https://www.econbiz.de/10005416702
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Externalities and Compensation:Primeval Games and Solutions
Ju, Yuan; Borm, Peter - Centre for Economic Research, School of Economics and … - 2005
The classical literature (Pigou (1920), Coase (1960), Arrow (1970)) and the relatively recent studies (cf. Varian (1994)) associate the externality problem with efficiency. This paper focuses explicitly on the compensation problem in the context of externalities. To capture the features of...
Persistent link: https://www.econbiz.de/10005636092