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are currently employed/unemployed. We show that such a process is absorbed into the core with probability one in finite … time. Moreover, within the core, allocations are selected that are characterized by surplus splitting according to a …
Persistent link: https://www.econbiz.de/10011453256
-298) is proposed to allow for multiple membership. The definition of the core is adapted analogously and the possibilities for …
Persistent link: https://www.econbiz.de/10010422383
the average rankings of the other types of groups. We show that a core stable coalition structure always exists, provided …
Persistent link: https://www.econbiz.de/10009751376
requirement reflects some forms of indivisibility. We are interested in the classes of games that guarantee a non-empty core no … balanced. We present characterization and complexity results on the universally balancedness property for some classes of … balancedness for the games under discussion. …
Persistent link: https://www.econbiz.de/10009751967
change over time: A stochastic process generates a random sequence of graphs. This contrasts with models where the initial …
Persistent link: https://www.econbiz.de/10009751969
any regular graph with N ≤ 14 vertices. Furthermore, the properties of graphs that particularly promote cooperation are … coefficient, and thus a tendency to favor cooperation. Another property of particularly cooperation-promoting regular graphs with …
Persistent link: https://www.econbiz.de/10012167985
We study the recursive core introduced in Huang and Sjöström [8]. In general partition function form games, the … recursive core coalition structure may be either coarser or finer than the one that maximizes the social surplus. Moreover, the … recursive core structure is typically different from the one predicted by the α-core. We fully implement the recursive core for …
Persistent link: https://www.econbiz.de/10009751381
total cost of connecting them in a network, stand-alone core stability which requires charging agents not more than the cost … shown to satisfy them. When the properties are not compatible, we find a rule that meets stand-alone core stability, limit …
Persistent link: https://www.econbiz.de/10012062098
We initiate the study of the destruction or adversary model (Kliemann 2010) using the swap equilibrium (SE) stability concept (Alon et al., 2010). The destruction model is a network formation game incorporating the robustness of a network under a more or less targeted attack. In addition to...
Persistent link: https://www.econbiz.de/10011621395
Experimental studies show that the Nash equilibrium and its refinements are poor predictors of behavior in non-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard game theory predictions. However, those models...
Persistent link: https://www.econbiz.de/10013252726