Showing 1 - 10 of 95
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/10011255864
properness and a robust Nash equilibrium is shown to exist for every game. In symmetric bimatrix games, our results imply the …
Persistent link: https://www.econbiz.de/10005137165
cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff … consider the class of non-negative additive games with an acyclic permission structure. This class generalizes the so …-called peer group games being non-negative additive games on a permission tree. We provide a polynomial time algorithm for …
Persistent link: https://www.econbiz.de/10005144441
cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division …
Persistent link: https://www.econbiz.de/10005144455
ordered, i.e. they are part of a structure of asymmetric relations. Examples are auctions, airport games, sequencing … situations, the water distribution problem and hierarchically structured firms. This paper is about games with permission …
Persistent link: https://www.econbiz.de/10005144486
In this paper we consider the problem of the control of access to a firm's productive asset, embedding the relevant decision makers into a general structure of formal authority relations. Within such an authority structure, each decision maker acts as a principal to some decision makers, while...
Persistent link: https://www.econbiz.de/10005144514
cooperative game with transferable utility, or simply a TU-game. A one-point solution for TU-games assigns a payoff distribution … player games and reduced game consistency. Specific cases of these properties characterize specific solutions in this class. …
Persistent link: https://www.econbiz.de/10005450714
cooperative game with transferable utility. A solution for TU-games assigns to every TU-game a distribution of the payoffs that … can be earned over the individual players. Two well-known solutions for TU-games are the Shapley value and the egalitarian … earns zero worth. We illustrate this difference between these two solutions by applying them to auction games. …
Persistent link: https://www.econbiz.de/10005450812
cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff … distribution to every TU-game. A well-known solution is the Shapley value. In the literature various models of games with … solutions or rules for these games that generalize the Shapley value: one is obtained as the conjunctive permission value using …
Persistent link: https://www.econbiz.de/10004964460
Three well-known solutions for cooperative TU-games are the Shapley value, the Banzhaf value and the equal division …
Persistent link: https://www.econbiz.de/10004964462