Showing 1 - 10 of 31
dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the … tradition of providing a single recommended portfolio; rather, it derives a group of good portfolios. The belief dominance … how the belief dominance concept can reveal portfolios and alternatives that would otherwise remain uncovered. …
Persistent link: https://www.econbiz.de/10011504367
This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
Persistent link: https://www.econbiz.de/10011660599
We identify the core as an appealing stability concept of cooperative game theory, but argue that the non …-cooperative foundation of core-stability for positive externality NTU-games. First, in the spirit of Hart/Kurz (1983), we develop a game that … we call H-game and show that strong Nash equilibria coalition structures in this game are identical to ?- and ?-core …
Persistent link: https://www.econbiz.de/10011591220
-independent dominance relation, accessible (or admissible) and closed. This outsider-independent dominance relation is restrictive in the …. The minimal (for inclusion) dominant set is non-empty and for a game with a non-empty coalition structure core, the … minimal dominant set returns this core. …
Persistent link: https://www.econbiz.de/10011591676
Persistent link: https://www.econbiz.de/10012200664
Persistent link: https://www.econbiz.de/10001453868
Persistent link: https://www.econbiz.de/10001481888
Persistent link: https://www.econbiz.de/10001867176
Persistent link: https://www.econbiz.de/10002024365
This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers … ; Edgeworth ; Core ; Decentralization …
Persistent link: https://www.econbiz.de/10003827913