Showing 1 - 10 of 46
Persistent link: https://www.econbiz.de/10012548109
Persistent link: https://www.econbiz.de/10013365986
markets which change the cash flow risk structure of the merging firms. We propose a solution concept for coalitional games …
Persistent link: https://www.econbiz.de/10005858047
In a common value auction in which the information partitions of the bidders are connected, all rings are core-stable. More precisely, the ex ante expected utilities of rings, at the (noncooperative) sophisticated equilibrium proposed by Einy, Haimanko, Orzach and Sela (Journal of Mathematical...
Persistent link: https://www.econbiz.de/10008737094
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10008737140
Power indices suggest that adding new members to a voting body may increase the power of an existing member, even if the number of votes of all existing members and the decision rule remain constant. This phenomenon is known as the paradox of new members. This paper uses the leading model of...
Persistent link: https://www.econbiz.de/10008747121
We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous …
Persistent link: https://www.econbiz.de/10008780592
We investigate the computational complexity of several decision problems in hedonic coalition formation games and … demonstrate that attaining stability in such games remains NP-hard even when they are additive. Precisely, we prove that when …. -- Additive Preferences ; Coalition Formation ; Computational Complexity ; Hedonic Games ; NP-hard ; NP-complete …
Persistent link: https://www.econbiz.de/10008799165
We study coalitional games where the proceeds from cooperation depend on the entire coalition structure. The coalition … structure core (Kóczy, 2007) is a generalisation of the coalition structure core for such games. We introduce a noncooperative … extend past results to games that are not totally balanced (understood in this special setting) we introduce subgame …
Persistent link: https://www.econbiz.de/10008823908
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision. -- Fair Division ; Maxmin Allocation ; Kalai...
Persistent link: https://www.econbiz.de/10009380614