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Cooperation with Externalities and Uncertainty
Habis, Helga; Csercsik, Dávid - 2012
We introduce a new class of cooperative games where the worth of a coalition depends on the behavior of other players … and on the state of nature as well. We allow for coalitions to form both before and after the resolution of uncertainty …
Persistent link: https://www.econbiz.de/10013208623
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Collusion, symmetry, and the Banzhaf value
Casajus, André - 2011
We resolve redundancies in the characterizations of the Banzhaf value suggested by Haller (1994, Int J Game Theory 23, 261-281) and Malawski (2002, Int J Game Theory 31:47-67). In particular, we show that the collusion properties employed by them are equivalent. Combined with the dummy player...
Persistent link: https://www.econbiz.de/10010306844
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On the nonemptiness of approximate cores of large games
Allouch, Nizar; Wooders, Myrna - 2014
We provide a new proof of the non-emptiness of approximate cores of games with many players of a finite number of types …. Earlier papers in the literature proceed by showing that, for games with many players, equal-treatment cores of their … "balanced cover games", which are non-empty, can be approximated by equal-treatment e-cores of the games themselves. Our proof …
Persistent link: https://www.econbiz.de/10011380988
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A Minimal Test for Convex Games and the Shapley Value
Voorneveld, Mark; Grahn, Sofia - 2001
into unanimity games is shown to be minimal: none of the conditions is redundant. The result is used to provide an … axiomatization of the Shapley value on the set of convex games. …
Persistent link: https://www.econbiz.de/10010321738
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A property rights based consolidation approach
Casajus, André; Labrenz, Helfried - 2014
We suggest a full consolidation approach that takes into account the property rights structure whithin the subsidiaries, in particular, the majority requirements on restructurings. Our approach employs a property rights index based on cooperative game theory.
Persistent link: https://www.econbiz.de/10010332840
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An index of unfairness
Aguiar, Victor H.; Pongou, Roland; Serrano, Roberto; … - 2018
Aguiar et al. (2018) propose the Shapley distance as a measure of the extent to which output sharing among the stakeholders of an organization can be considered unfair. It measures the distance between an arbitrary pay profile and the Shapley pay profile under a given technology, the latter...
Persistent link: https://www.econbiz.de/10012058639
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Small informational size and interim cores of large quasilinear economies
Kamishiro, Yusuke; Serrano, Roberto - 2018
We provide nonemptiness results of approximate interim cores with endogenous communication in large quasilinear economies, where every agent's informational size is small. We offer results for both replica and more general sequences of economies.
Persistent link: https://www.econbiz.de/10012058641
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The nucleolus, the kernel, and the bargaining set: An update
Iñarra García, Elena; Serrano, Roberto; Shimomura, … - 2019
One of the many important contributions in David Schmeidler's distinguished career was the introduction of the nucleolus. This paper is an update on the nucleolus and its two related supersolutions, i.e., the kernel and the bargaining set.
Persistent link: https://www.econbiz.de/10012058650
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Two-sided matching via balanced exchange: Tuition and worker exchanges
Dur, Umut Mert; Ünver, M. Utku - 2015
We introduce a new matching model to mimic two-sided exchange programs such as tuition and worker exchange, in which each firm has to avoid being a net-exporter of workers. These exchanges use decentralized markets, making it difficult to achieve a balance between exports and imports. We show...
Persistent link: https://www.econbiz.de/10011440131
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Values for cooperative games over graphs and games with inadmissible coalitions
Hellman, Ziv; Peretz, Ron - 2015
general study of coalitional games in which there are arbitrary limitations on the collections of coalitions that may be …
Persistent link: https://www.econbiz.de/10011452613