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This paper deals with partial cooperation among countries involved in the exploitation of straddling and highly migratory fish stocks.We analyse the feasibility of coalition structures and their impacts on fishing e.orts by means of games in partition function form.Furthermore, we demonstrate...
Persistent link: https://www.econbiz.de/10011092786
In this paper standard oligopolies are interpreted in two ways, namely as oligopolies without transferable technologies and as oligopolies with transferable technologies.From a cooperative point of view this leads to two different classes of cooperative games.We show that cooperative oligopoly...
Persistent link: https://www.econbiz.de/10011091642
Different axiomatic systems for the Shapley value can be found in the literature.For games with a coalition structure, the Shapley value also has been axiomatized in several ways.In this paper, we discuss a generalization of the Shapley value to the class of partition function form games.The...
Persistent link: https://www.econbiz.de/10011091748
Directed minimum cost spanning tree problems of a special kind are studied,namely those which show up in considering the problem of connecting units (houses)in mountains with a purifier.For such problems an easy method is described to obtain a minimum cost spanning tree.The related cost sharing...
Persistent link: https://www.econbiz.de/10011091825
We introduce the class of Obligation rules for minimum cost spanning tree situations.The main result of this paper is that such rules are cost monotonic and induce also population monotonic allocation schemes.Another characteristic of Obligation rules is that they assign to a minimum cost...
Persistent link: https://www.econbiz.de/10011090299
This study considers a simple newsvendor situation that consists of n retailers, all selling the same item with common purchasing costs and common selling prices.Groups of retailers might increase their expected joint profit by inventory centralization, which means that they make a joint order...
Persistent link: https://www.econbiz.de/10011090367
In this paper, we introduce a general framework for situations with decision making under uncertainty and cooperation possibilities. This framework is based upon a two stage stochastic programming approach. We show that under relatively mild assumptions the cooperative games associated with...
Persistent link: https://www.econbiz.de/10011090375
An assignment situation can be considered as a two-sided market consisting of two disjoint sets of objects.A non-negative reward matrix describes the profit if an object of one group is assigned to an object of the other group. Assuming that each object is owned by a different agent, Shapley and...
Persistent link: https://www.econbiz.de/10011090430
Abstract: In this paper two cost sharing solutions for minimum cost spanning tree problems are introduced, the degree adjusted folk solution and the cost adjusted folk solution. These solutions overcome the problem of the classical reductionist folk solution as they have considerable strict...
Persistent link: https://www.econbiz.de/10011090555
We study the relation between the fuzzy core and balancedness for fuzzy games. For regular games, this relation has been studied by Bondareva (1963) and Shapley (1967). First, we gain insight in this relation when we analyse situations where the fuzzy game is continuous. Our main result shows...
Persistent link: https://www.econbiz.de/10011090659