Showing 1 - 10 of 51
that are generated by such prices and belong to the private core. Solutions of that sort obtain under standard regularity …
Persistent link: https://www.econbiz.de/10008876392
We provide explicit formulas for the nucleolus of an arbitrary assignment game with two buyers and two sellers. Five different cases are analyzed depending on the entries of the assignment matrix. We extend the results to the case of 2 m or m 2 assignment games.
Persistent link: https://www.econbiz.de/10010817236
-optimal and the sellers-optimal core allocations. Non- square markets are analyzed also by reducing them to appropriate square …
Persistent link: https://www.econbiz.de/10010895706
allocation vectors that meet these recursive bounds. The core of the game is reinterpreted as a set of sequentially compatible … payoffs when the Davis-Maschler reduced game is considered (Th.1). Independently of the reduction, the core turns out to be …
Persistent link: https://www.econbiz.de/10005022314
two sides. A symmetrically multilateral-bargained (SMB) allocation is a core allocation such that any agent is in … kernel-based set that, together with the core, characterizes the set of SMB. …
Persistent link: https://www.econbiz.de/10005022339
There exist coalitional games with transferable utility which have the same core but different nucleoli. We show that … this cannot happen in the case of assignment games. Whenever two assignment games have the same core, their nucleoli also …
Persistent link: https://www.econbiz.de/10005022346
We study the behaviour of the extreme points of the core of a game in front of the reduction of the game and prove that … the extreme core points have the reduced game property but not the converse reduced game property. Nevertheless we give … some sufficient conditions on an extreme point of the core of a reduced game to extend to an extreme core point of the …
Persistent link: https://www.econbiz.de/10005022366
Uniform{price assignment games are introduced as those assignment mar- kets with the core reduced to a segment. In … allocations, either coincides with the core or reduces to the nucleolus. …
Persistent link: https://www.econbiz.de/10005022371
A new class of games called Financial games is defined. These games are market games and it is showed that they are a generalization of Bankruptcy games. The algebraic structure of this class of games is studied and necessary conditions for a game to be financial are stated. The proportional...
Persistent link: https://www.econbiz.de/10005022388
horse market games, are analyzed. The nucleolus is proved to coincide with the value, and is thus the midpoint of the core …
Persistent link: https://www.econbiz.de/10005600429