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Simple games in partition function form are used to model voting situations where a coalition being winning or losing might depend on the way players outside that coalition organize themselves. Such a game is called a plurality voting game if in every partition there is at least one winning...
Persistent link: https://www.econbiz.de/10015209870
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
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-egalitarian value divides the worth of the grand coalition into two parts and allocates them through equality and proportionality based on exogenous player weights. We characterize...
Persistent link: https://www.econbiz.de/10014547733
Cooperative games on antimatroids are cooperative games restricted by a combinatorial structure which generalize the permission structure. So, cooperative games on antimatroids group several well-known families of games which have important applications in economics and politics. Therefore, the...
Persistent link: https://www.econbiz.de/10010324827
The paper discusses the set of Harsanyi payoff vectors,also known as the Selectope. First, we reconsider some results on Harsanyi payoff vectors, published by Vasil'ev in the late 1970's, within a more general framework. In particular, these results state already that the set of Harsanyi payoff...
Persistent link: https://www.econbiz.de/10010324857