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The traditional voting games are special transferable utility cooperative games, so-called simple games, where the … or not. In this paper we introduce general weighted voting games, where the value of a coalition is a random variable. We …
Persistent link: https://www.econbiz.de/10010494447
The traditional voting games are special transferable utility cooperative games, so-called simple games, where the … or not. In this paper we introduce general weighted voting games, where the value of a coalition is a random variable. We …
Persistent link: https://www.econbiz.de/10008668694
In this paper, we suggest a simple sequential mechanism whose subgame perfect equilibria give rise to efficient networks. Moreover, the payoffs received by the agents coincide with their Shapley value in an appropriately defined cooperative game.
Persistent link: https://www.econbiz.de/10005247843
The Serial Cost Sharing Rule has been conceived originally for problems where agents ask for different quantities of an homogeneous private good, the sum of which is produced by a single facility. Two important features of this rule is the equal treatment of equal demands and the protection it...
Persistent link: https://www.econbiz.de/10005696462