Showing 1 - 10 of 105
We study the long-run stability of trade networks in a two-sided economy of agents labelled men and women. Each agent … pairwise stable network as an absorbing state, stochastic stability in two perturbed processes provides a significant … refinement, leading respectively to egalitarian and anti-egalitarian pairwise stable networks. This has implications for the …
Persistent link: https://www.econbiz.de/10009760769
Persistent link: https://www.econbiz.de/10011542801
We study the dynamic stability of fidelity networks, which are networks that form in a mating economy of agents of two … egalitarian pairwise stable networks (in which all agents have the same number of partners) are visited in the long run, while … under the second, only anti-egalitarian pairwise stable networks (in which all women are matched to a small number of men …
Persistent link: https://www.econbiz.de/10003897563
We study the long-run stability of trade networks in a two-sided economy of agents labelled men and women. Each agent … stable network as an absorbing state, stochastic stability in two perturbed processes provides a significant refinement …, leading respectively to egalitarian and anti-egalitarian pairwise stable networks. This has implications for the concentration …
Persistent link: https://www.econbiz.de/10013079904
We study the dynamic stability of fidelity networks, which are networks that form in a mating economy of agents of two … egalitarian pairwise stable networks (in which all agents have the same number of partners) are visited in the long run, while … under the second, only anti-egalitarian pairwise stable networks (in which all women are matched to a small number of men …
Persistent link: https://www.econbiz.de/10010284070
Our concern is the extension of the theory of the Shapley value to problems involving externalities. Using the standard axiom systems behind the Shapley value for an arbitrary exogenous coalition structure leads to the identification of bounds on players’ payoffs around an...
Persistent link: https://www.econbiz.de/10010318952
This article describes the basic elements of the cooperative approach to game theory, one of the two counterparts of the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two of the most central solution concepts in cooperative...
Persistent link: https://www.econbiz.de/10010318970
This article describes the basic elements of the cooperative approach to game theory, one of the two counterparts of the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two of the most central solution concepts in cooperative...
Persistent link: https://www.econbiz.de/10005611899
Persistent link: https://www.econbiz.de/10011665090
Persistent link: https://www.econbiz.de/10009767395