Showing 1 - 10 of 38
In the marriage problem (two-sided one-to-one matching problem), it is well-known that the weak core, the strong core and the set of stable matchings are all equivalent. This paper generalizes the above observation considering the G-weak core and the G-strong core. These are core concepts in...
Persistent link: https://www.econbiz.de/10010332335
This paper studies the incentive compatibility of solutions to generalized indivisible good allocation problems introduced by Sönmez (1999), which contain the well-known marriage problems (Gale and Shapley, 1962) and the housing markets (Shapley and Scarf, 1974) as special cases. In particular,...
Persistent link: https://www.econbiz.de/10010332338
This paper examines the implementation of two public ownership solutions in convex production economies with differentiable production functions. The two public ownership solutions we focus on are the proportional and equal benefit solutions. Two "natural" mechanisms which doubly implement the...
Persistent link: https://www.econbiz.de/10008602869
This paper examines the implementation of various solutions in differentiable concave production economies with one privately owned input, one output, and publicly owned production technology. The public ownership solutions we focus on are the Proportional Solution (PS) and the Equal Benefit...
Persistent link: https://www.econbiz.de/10008602872
This paper establishes a B-core existence result for normal form TU games.
Persistent link: https://www.econbiz.de/10008602875
Economic theory predicts that it is impossible to have cooperation in finitely repeated games such as a prisoners' dilemma game without communication. Yet experimental results follow a contradicting pattern : for example, cooperation is generally observed in public-goods experiments, at least in...
Persistent link: https://www.econbiz.de/10008603005
A group of agents are waiting for their job to be processed in a facility. We assume that each agent needs the same amount of processing time and incurs waiting costs. The facility has two parallel servers, being able to serve two agents at a time. We are interested in finding the order to serve...
Persistent link: https://www.econbiz.de/10010332214
This paper aimed to compare the trust and reciprocity levels among international groups by adopting a modified trust game played among groups from Austria and Japan. Our results were as follows: (i) When the groups interacted intranationally, the trust and reciprocity levels among the Austrian...
Persistent link: https://www.econbiz.de/10010332419
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if and only if it is Maskin monotonic (e.g. Muller and Satterthwaite, 1977). This paper studies the foundation of those results. I provide a set of conditions which is sufficient for...
Persistent link: https://www.econbiz.de/10010332423
This paper discusses an aspect of computational complexity in social choice theory. We consider the problem of designing voting rules, which is formulated in terms of simple games. We prove that it is an NP-complete problem to decide whether a given simple game is stable, or not.
Persistent link: https://www.econbiz.de/10010332460