Showing 1 - 10 of 15
of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …
Persistent link: https://www.econbiz.de/10011255779
This discussion paper resulted in a publication in the 'Journal of Economic Theory', 2014, 153, 33-45.<P> Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where...</p>
Persistent link: https://www.econbiz.de/10011257404
Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where players with different waiting costs have to form a queue in order to be served, they firstly compete with...
Persistent link: https://www.econbiz.de/10010930793
A bid-offer–counteroffer mechanism is proposed to solve a fundamental two-person decision choice problem with two alternatives. It yields a unique subgame perfect equilibrium outcome, and leads to an intuitive overall solution that offers a reconciliation between egalitarianism and...
Persistent link: https://www.econbiz.de/10010680551
-called Rational Belief Shapley (RBS) value. We investigate the strategic foundation of the RBS value by constructing an implementation …
Persistent link: https://www.econbiz.de/10011263578
of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …
Persistent link: https://www.econbiz.de/10010325573
Persistent link: https://www.econbiz.de/10005596719
To model inter-individual externalities and analyze the associated compensation issue, Ju and Borm (2005) introduces a new game-theoretic framework, primeval games, and proposes, from a cooperative perspective, three compensation rules as solution concepts for primeval games: the marginalistic...
Persistent link: https://www.econbiz.de/10005416694
This paper provides a framework for implementing and comparing several solution concepts for transferable utility cooperative games.We construct bidding mechanisms where players bid for the role of the proposer. The mechanisms differ in the power awarded to the proposer. The Shapley, consensus...
Persistent link: https://www.econbiz.de/10005416702
of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …
Persistent link: https://www.econbiz.de/10005144455