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Chapter 59 Strategic aspects of political systems
Banks, Jeffrey S. - In: Handbook of game theory with economic applications : …, (pp. 2203-2228). 2002
political phenomena that ensued is presented. In the case of sophisticated voting over certain kinds of binary agendas, such as … sometimes yield “sophisticated sincerity”, where equilibrium voting behavior is indistinguishable from sincere voting. Under … behave leads to probabilistic voting models that typically yield utilitarian outcomes. Uncertainty among the voters over …
Persistent link: https://www.econbiz.de/10014024486
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Chapter 53 The shapley value
Winter, Eyal - In: Handbook of game theory with economic applications : …, (pp. 2025-2054). 2002
This chapter surveys some of the literature in game theory that has emerged from Shapley's seminal paper on the Value … discussion of the applied side of the Shapley value, primarily in the context of cost allocation and voting. …
Persistent link: https://www.econbiz.de/10014024492
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Chapter 61 Implementation theory
Palfrey, Thomas R. - In: Handbook of game theory with economic applications : …, (pp. 2271-2326). 2002
This chapter surveys the branch of implementation theory initiated by Maskin (1999) . Results for both complete and …
Persistent link: https://www.econbiz.de/10014024484
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Chapter 60 Game-theoretic analysis of legal rules and institutions
Benoît, Jean-Pierre; Kornhauser, Lewis A. - In: Handbook of game theory with economic applications : …, (pp. 2229-2269). 2002
We offer a selective survey of the uses of cooperative and non-cooperative game theory in the analysis of legal rules …
Persistent link: https://www.econbiz.de/10014024485
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Chapter 58 Some other economic applications of the value
Mertens, Jean-François - In: Handbook of game theory with economic applications : …, (pp. 2185-2201). 2002
Selected applications of the NTU Shapley value to settings other than that of general equilibrium in perfect competition. Three models are considered: Taxation and Redistribution, Public Goods, and Fixed Prices. In each case, the value leads to significant conceptual insights which, while...
Persistent link: https://www.econbiz.de/10014024487
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Chapter 57 Values of perfectly competitive economies
Hart, Sergiu - In: Handbook of game theory with economic applications : …, (pp. 2169-2184). 2002
Perfectly competitive economies are economic models with many agents, each of whom is relatively insignificant. This chapter studies the relations between the basic economic concept of competitive (or Walrasian ) equilibrium , and the game-theoretic solution concept of value . It includes the...
Persistent link: https://www.econbiz.de/10014024488
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Chapter 54 Variations on the shapley value
Monderer, Dov; Samet, Dov - In: Handbook of game theory with economic applications : …, (pp. 2055-2076). 2002
This survey captures the main contributions in the area described by the title that were published up to 1997. (Unfortunately, it does not capture all of them.) The variations that are the subject of this chapter are those axiomatically characterized solutions which are obtained by varying...
Persistent link: https://www.econbiz.de/10014024491