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Persistent link: https://www.econbiz.de/10010126760
) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game … possible explanation for cartels' structures (not) observed in practice. -- auctions ; Bayesian game ; collusion ; core …
Persistent link: https://www.econbiz.de/10003974150
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a … incentive compatible core can be empty, even if utility functions are quasi-linear. If, in addition to quasi-linearity, further … assumptions are made (like independent private values), the non-emptiness of the core follows nevertheless from d'Aspremont and …
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) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game …
Persistent link: https://www.econbiz.de/10010273875
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a … incentive compatible core can be empty, even if utility functions are quasi-linear. If, in addition to quasi-linearity, further … assumptions are made (like independent private values), the non-emptiness of the core follows nevertheless from d?Aspremont and …
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