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Transfers and Exchange-Stability in Two-Sided Matching Problems
Lazarova, Emiliya; Borm, Peter; Estévez-Fernández, Arantza - 2014
uses the fact that the core of an associated compensation matching game with constraints is nonempty. …In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by … matching to a matching of maximum total reward, one can always provide a compensation schedule that will be ex-post stable in …
Persistent link: https://www.econbiz.de/10010491315
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Characterizing the Core Via K-Core Covers
Sanchez-Rodriguez, Estela; Borm, Peter; … - 2013
shown that the core of a TU-game coincides with the core of the corresponding minimal rights game. Moreover, the paper … introduces the notion of the k-core cover as an extension of the core cover. The k-core cover of a TU-game consists of all … minimal rights game. It is shown that the core of a TU-game with player set N coincides with the ⌊|N |/2⌋-core cover …
Persistent link: https://www.econbiz.de/10014038137
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Characterizations of Network Power Measures
van den Brink, René; Borm, Peter; Hendrickx, Ruud; … - 2005
A symmetric network consists of a set of positions and a set of bilateral links between these positions. Examples of such networks are exchange networks, communication networks, disease transmission networks, control networks etc. For every symmetric network we define a cooperative transferable...
Persistent link: https://www.econbiz.de/10010325263
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Characterizing the Core via k-Core Covers
Sánchez-Rodríguez, Estela; Borm, Peter; … - 2013
shown that the core of a TU-game coincides with the core of the corresponding minimal rights game. Moreover, the paper … introduces the notion of the k-core cover as an extension of the core cover. The k-core cover of a TU-game consists of all … minimal rights game. It is shown that the core of a TU-game with player set N coincides with the ? …
Persistent link: https://www.econbiz.de/10010326133
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Computing Alternating Offers and Water Prices in Bilateral River Basin Management
Houba, Harold - 2013
This contribution deals with the fundamental critique in Dinar et al. (1992, Theory and Decision 32) on the use of Game theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions impose a computational burden. For the bilateral...
Persistent link: https://www.econbiz.de/10014026620
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Nontransferable Utility Bankruptcy Games
Estévez-Fernández, Arantza; Borm, Peter; … - 2014
merge convex and ordinal convex. Generalizing the notions of core cover and compromise stability for transferable utility …
Persistent link: https://www.econbiz.de/10010377244
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The Economics of Transboundary River Management
Ansink, Erik; Houba, Harold - 2014
We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the last decade due to increasing concerns over water scarcity and pollution. We outline the major approaches and pay specific attention to the strategic aspects of transboundary...
Persistent link: https://www.econbiz.de/10010491360
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Capacity Choice of Dams under Rivalry Use and Externalities
Houba, Harold; Do, Kim Hang Pham; Zhu, Xueqin - 2014
This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities. We extend the hydropower generation model, based on Haddad (2011), by including the competing use of water resource, non-linear building cost of dam capacity and externalities...
Persistent link: https://www.econbiz.de/10010491378
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Bargaining in the Presence of Condorcet Cycles: The Role of Asymmetries
Kamm, Aaron; Houba, Harold - 2015
This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the equilibrium predictions. The main deviations from...
Persistent link: https://www.econbiz.de/10011288420
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Counter Intuitive Results in a Simple Model of Wage Negotiations
Houba, Harold; van Lomwel, Gijsbert - 1998
Short-term contracts and exogenous productivity growth are introduced in asimple wage bargaining model. The equilibrium utilities corresponding tomilitant union behaviour are independent of the contract length. The wagedynamics are linear if strike is credible (low wage shares) and...
Persistent link: https://www.econbiz.de/10010324421