Showing 1 - 10 of 23
stable solutions of a multiple partners matching game in two different ways and perform a study on the core of the … the existence of a stable solution and the non-emptiness of the core, which holds in the other models with payments, is no …
Persistent link: https://www.econbiz.de/10011444411
-firm-buyer games have non-empty core. We show that for these games the core coincides with the classical bargaining set (Davis and …
Persistent link: https://www.econbiz.de/10012290252
In this paper we investigate some new applications of Scarf's Lemma. First, we introduce the notion of fractional core …
Persistent link: https://www.econbiz.de/10010494519
, hence agreements must be stable against both types of deviations. The appropriate extension of the classicakl core concept …, the Sustainable Core, is defined for this new setup to test the stability of allocations in such a complex environment. A … achieved by choosing an element in the Sustainable Core. …
Persistent link: https://www.econbiz.de/10010494526
structure core, the minimal dominant set returns this core. We provide an algorithm to find the minimal dominant set. …
Persistent link: https://www.econbiz.de/10010494307
games with non-empty cores this means that the core can be reached via a bounded sequence of blocks. …
Persistent link: https://www.econbiz.de/10010494320
We examine the notion of the core when cooperation takes place in a setting with time and uncertainty. We do so in a … possible binding commitments regarding their actions at different date-events. We unify various treatments of dynamic core … concepts existing in the literature. This results in definitions of the Classical Core, the Segregated Core, the Two-stage Core …
Persistent link: https://www.econbiz.de/10010494468
commitment possibilities and propose the Weak Sequential Core as a solution concept. We characterize the Weak Sequential Core and …
Persistent link: https://www.econbiz.de/10010494469
between the methods. There are some properties that an allocation method should satisfy: full allocation, core compatibility … methods from the point of view if they are satisfying core compatibility. We test this with simulation where we add to the … existing literature that we test core compatibility with different assumptions on returns: on normal and t-distributed returns …
Persistent link: https://www.econbiz.de/10010494470
We offer a new approach to the well-known bankruptcy problem based on Kaminski's idea. With the help of hydraulic rationing we give a proof to Aumann and Maschlers theorem i.e. the consistent solution of a bankruptcy problem is the nucleolus of the corresponding game. We use a system of vessels...
Persistent link: https://www.econbiz.de/10010494472