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the theory of transferable utility games, such as core and balancedness, Shapley value and variations, and nucleolus. Some …This textbook presents the basics of game theory both on an undergraduate level and on a more advanced mathematical … theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise …
Persistent link: https://www.econbiz.de/10012402169
evolutionary games. Part III covers basic concepts in the theory of transferable utility games, such as core and balancedness …This book presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level …. It covers most topics of interest in game theory, including cooperative game theory. Part I presents introductions to all …
Persistent link: https://www.econbiz.de/10013521003
Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the efficiency of the trading rules. The author develops a non-cooperative auction model analyzing the bidding behavior of producers at power...
Persistent link: https://www.econbiz.de/10013521093
Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes?...
Persistent link: https://www.econbiz.de/10013521312
in die auktionsbasierte nationale Reallokation von Treibhausgas-Emissionsrechten und Treibhausgas-Emissionsgutschriften auf Unternehmensebene -- Hintergrund der Treibhausgas-Emissionsrechte und Treibhausgas-Emissionsgutschriften -- Realproblem der Reallokation von Treibhausgas-Emissionsrechten...
Persistent link: https://www.econbiz.de/10013505185
explanation of the process based on bargaining theory. It studies institutional changes as a non-violent bargaining process in … -- Bargaining Theory’s Contribution to Social Science -- Bargaining Game -- An Economic Description of Institution -- The General …
Persistent link: https://www.econbiz.de/10012397144
Information als Wirtschaftsgut -- Vermarktung von Informationsgütern -- Spieltheoretische Verhandlungsmodelle -- Automatisierte Verhandlungen zwischen Softwareagenten -- Automatisierte Verhandlungen: eine Simulation -- Zusammenfassung und Ausblick.
Persistent link: https://www.econbiz.de/10013516596
Negotiations are ubiquitous in business, politics, and private life. In many cases their outcome is of great importance. Yet, negotiators frequently act irrationally and fail to reach mutually beneficial agreements. Cognitive biases like overconfidence, egocentrism, and the mythical fixed pie...
Persistent link: https://www.econbiz.de/10014014243
The primary objective of this book is to demonstrate that a firm's financing decisions depend among other things on bargaining power considerations, and to illustrate potential causes for this dependency. Based on a principal-agent analysis where a lender (principal) and a firm (agent) bargain...
Persistent link: https://www.econbiz.de/10013520557
Negotiations are of increasing importance in highly regulated sectors, particularly in network industries such as telecommunications and transport. Negotiating partners in these markets are often not equal with regard to their various sources and instruments of power. This analysis shows that...
Persistent link: https://www.econbiz.de/10013520606