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Many cooperative games, especially ones stemming from resource pooling in queuing or inventory systems, are based on situations in which each player is associated with a single attribute (a real number representing, say, a demand) and in which the cost to optimally serve any sum of attributes is...
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This paper analyzes cooperative purchasing situations with two suppliers with limited supply capacity. In these capacity restricted cooperative purchasing (CRCP) situations we consider a group of cooperating purchasers for whom it turns out to be optimal as a group to or- der as much as possible...
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In this paper, we propose a new extension of the run-to-the-bank rule for bankruptcy situations to the class of multi-issue allocation situations. We show that this rule always yields a core element and that it satisfies self-duality. We characterise our rule by means of a new consistency...
Persistent link: https://www.econbiz.de/10010759362
In this paper, we propose a new extension of the run-to-the-bank rule for bankruptcy situations to the class of multi-issue allocation situations. We show that this rule always yields a core element and that it satisfies self-duality. We characterise our rule by means of a new consistency...
Persistent link: https://www.econbiz.de/10010999765
AMS classification: 90D12
Persistent link: https://www.econbiz.de/10011086852
This paper focuses on the subclass of cooperative games with stochastic payoffs in which the preferences of the agents are such that a stochastic payoff can be represented by a deterministic equivalent.To each game within this class one can associate a game with deterministic payoffs.It is shown...
Persistent link: https://www.econbiz.de/10011087107