Showing 1 - 10 of 111
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains … two important streams in the matching literature, those with and those without monetary transfers, as special cases and …
Persistent link: https://www.econbiz.de/10013029128
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains … two important streams in the matching literature, those with and those without monetary transfers, as special cases and …
Persistent link: https://www.econbiz.de/10013021278
-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 …
Persistent link: https://www.econbiz.de/10010325870
-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 …
Persistent link: https://www.econbiz.de/10012723213
-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 …
Persistent link: https://www.econbiz.de/10012723255
It is well-known that a transferable utility game has a non-empty core if and only if it is balanced. In the class of … not a necessary condition for the core to be non-empty. This paper gives a natural extension of the pi …-balancedness condition that is both necessary and sufficient non-emptiness of the core …
Persistent link: https://www.econbiz.de/10014113483
Weak Sequential Core and their characterization result. We also provide the remedy, a modification of the definition, to …
Persistent link: https://www.econbiz.de/10014195982
In cooperative games, the coalition structure core is, despite its potential emptiness, one of the most popular …
Persistent link: https://www.econbiz.de/10014095868
We adapt the core concept to deal with economies in which trade in assets takes place at period 1, uncertainty about … asset payoffs is released at period 2, and agents trade in commodities afterwards. We define the weak sequential core as the … period 1 that cannot be counterblocked by some subcoalition at period 2. We study the relationship of the resulting core …
Persistent link: https://www.econbiz.de/10014119037
strong sequential core of such an economy consists of those consumption processes where no coalition of agents wishes to … sufficient conditions for non-emptiness of the strong sequential core in stationary economies are derived, based on non …. Moreover, sufficient conditions are given under which the strong sequential core contains only time and history independent …
Persistent link: https://www.econbiz.de/10014120559