Showing 1 - 10 of 445
seeking to optimise the social welfare of their assigned subpopulations through resource allocation in an underlying nonatomic …
Persistent link: https://www.econbiz.de/10014422532
Shapley allocation which is regarded as a fundamental method of computing the fair share of all participants in a cooperative …
Persistent link: https://www.econbiz.de/10014426363
In this paper, we study the Nash implementation in an allocation problem with single-dipped preferences. We show that …
Persistent link: https://www.econbiz.de/10009753711
situations, we introduce a new allocation protocol based on the extension of the CEA solution over double-weighted bankruptcy … economic activities and the production of renewable energy. In these bi-criteria allocation problems, we focus on a … computational approach to find an allocation protocol that does not prioritize any particular parameter. As an application of our …
Persistent link: https://www.econbiz.de/10012650444
We consider the problem of allocating heterogeneous objects to agents with money, where the number of agents exceeds that of objects. Each agent can receive at most one object, and some objects may remain unallocated. A bundle is a pair consisting of an object and a payment. An agent's...
Persistent link: https://www.econbiz.de/10014418154
Motivated by recent examples of collective effort on the war on terror, we examine the incentives that retaliation may produce for the endogenous formation of an international counterterror coalition. We show that there are quite reasonable circumstances under which any nation that is a target...
Persistent link: https://www.econbiz.de/10013171770
Game and decision theory start from rather strong premises. Preferences, represented by utilities, beliefs represented by probabilities, common knowledge and symmetric rationality as background assumptions are treated as “given.” A richer language enabling us to capture the process leading...
Persistent link: https://www.econbiz.de/10009751382
We propose some variants of a multi-modal of joint action, preference and knowledge that support reasoning about epistemic games in strategic form. The first part of the paper deals with games with complete information. We first provide syntactic proofs of some well-known theorems in the area of...
Persistent link: https://www.econbiz.de/10009752449
We numerically solve the classical "Game of Pure Strategy" using linear programming. We notice an intricate even-odd behaviour in the results of our computations that seems to encourage odd or maximal bids.
Persistent link: https://www.econbiz.de/10009754113
Costly signaling is a mechanism through which the honesty of signals can be secured in equilibrium, even in interactions where communicators have conflicting interests. This paper explores the dynamics of one such signaling game: Spence’s model of education. It is found that separating...
Persistent link: https://www.econbiz.de/10009754763