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Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where players with different waiting costs have to form a queue in order to be served, they firstly compete with...
Persistent link: https://www.econbiz.de/10010377193
of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …
Persistent link: https://www.econbiz.de/10010325573
characterizes the corresponding delta-discounted Shapley value. Moreover, we provide a strategic implementation of these solutions …
Persistent link: https://www.econbiz.de/10010326064
characterizes the corresponding delta-discounted Shapley value. Moreover, we provide a strategic implementation of these solutions …
Persistent link: https://www.econbiz.de/10014045005
In this note we provide a strategic implementation of the average tree solution for zero-monotonic cycle-free graph …
Persistent link: https://www.econbiz.de/10010326336
In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by monetary reward functions. We characterize Pareto optimal matchings by means of contractually exchange stability and matchings of maximum total reward by means of compensation...
Persistent link: https://www.econbiz.de/10010491315
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
This paper analyzes the allocation of the total toll collected in a highway among its segments. Based on different toll charging rules, we propose the Segments Equal Sharing method, the Exits Equal Sharing method, and the Entrances Equal Sharing method. We provide axioms and characterize these...
Persistent link: https://www.econbiz.de/10013356492
Cooperative games with a permission structure are useful tools for analyzing the impact of hierarchical structures on allocation problems in Economics and Operations Research. In this paper, we propose a generalization of the local disjunctive and the local conjunctive permission approaches...
Persistent link: https://www.econbiz.de/10013356493
Recently, applications of cooperative game theory to economicallocation problems have gained popularity. To understandthese applications better, economic theory studies thesimilarities and differences between them. The purpose of thispaper is to investigate a special class of cooperative...
Persistent link: https://www.econbiz.de/10010324954