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models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other … illustrate these network structures by applying them to cooperative games with restricted cooperation. …
Persistent link: https://www.econbiz.de/10012605985
Nash equilibrium is shown to exist for every game. In symmetric bimatrix games, our results imply the existence of a …
Persistent link: https://www.econbiz.de/10010324999
Simple games in partition function form are used to model voting situations where a coalition being winning or losing … class of voting games and provide an axiomatic characterization. This power index is based on equal weight for every … plurality voting games in terms of single embedded winning coalitions. The axioms restrict then the impact of such elementary …
Persistent link: https://www.econbiz.de/10015209870
be obtained by applying the Shapley value to associated coalitional transferable utility games. …
Persistent link: https://www.econbiz.de/10013356492
Cooperative games with a permission structure are useful tools for analyzing the impact of hierarchical structures on …
Persistent link: https://www.econbiz.de/10013356493
We compute confidence intervals for recursive impact factors, that take into account that some citations are more prestigious than others, as well as for the associated ranks of journals, applying the methods to the population of economics journals. The Quarterly Journal of Economics is clearly...
Persistent link: https://www.econbiz.de/10013356494
We propose the river pollution claims problem to distribute a limited pollution budget among agents located along a river. A key distinction with the standard claims problem is that agents are ordered and they are given priority based on their location in this order instead of their identity. We...
Persistent link: https://www.econbiz.de/10013356514
In economic environments, decision-makers may strategically delay irreversible investments to learn from the actions of others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in investment timings. Players choose when to invest in a...
Persistent link: https://www.econbiz.de/10013427592
We propose the river pollution claims problem to distribute a pollution budget among agents located along a river. A key distinction with the standard claims problem is that agents are ordered exogenously. For environmental reasons, the location of pollution along the river is an important...
Persistent link: https://www.econbiz.de/10014321809
We propose and characterize weighted-egalitarian values for cooperative transferable utility games. Each weighted …
Persistent link: https://www.econbiz.de/10014547733