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For a multifunction a condition sufficient for lower hemicontinuity is presented. It is shown that under convexity of …
Persistent link: https://www.econbiz.de/10011257819
extreme points of two closely related polytopes that are assigned to a digraph. The first polytope is the set of all sharing …
Persistent link: https://www.econbiz.de/10011256717
Persistent link: https://www.econbiz.de/10010998388
condition than convexity of the game. For an arbitrary set system we show that there exists a unique minimal building set …
Persistent link: https://www.econbiz.de/10011092044
polytope is the set of all sharing vectors (elements from the unit simplex) such that each node gets at least as much as each …
Persistent link: https://www.econbiz.de/10005136905
We study thep olytopes of binary n-strings that encode (positive) integers that are not divisible by a particular positive integer p - the indivisibility polytopes, as well as the more general "clipped cubes". Also, we discuss a potential application to factoring. Finally, we present some...
Persistent link: https://www.econbiz.de/10005043070
In Nash bargaining problem, due to fairness concerns of players, instead of maximizing the sum of utilities of all players, an implementable solution should satisfy some axioms or characterizations. Such a solution can result in the so-called price of fairness, because of the reduction in the...
Persistent link: https://www.econbiz.de/10011152062
In this paper, we present two real-world situations in which the standard hypotheses of a bargaining problem do not hold, and discuss how to tackle these situations.
Persistent link: https://www.econbiz.de/10011011346
-free communication structure, it is the solution proposed by Herings, van der Laan and Talman (2008). We introduce the notion of link-convexity …, under which the game is shown to have a non-empty core and the average tree solution lies in the core. In general, link-convexity … is weaker than convexity. For games with a cycle-free communication structure, link-convexity is even weaker than super-additivity. …
Persistent link: https://www.econbiz.de/10011255465
convexity and efficient set characterization results on SD efficiency of a given portfolio relative to adiversified set of …
Persistent link: https://www.econbiz.de/10011256268