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We study stable sets for marriage problems under the assumption that players can be both myopic and farsighted. We introduce the new notion of the myopic-farsighted stable set. For the special cases where all players are myopic and where all players are farsighted, our concept predicts the set...
Persistent link: https://www.econbiz.de/10011816737
A set of coalition structures P is farsightedly stable (i) if all possible deviations from any coalition structure p belonging to P to a coalition structure outside P are deterred by the threat of ending worse off or equally well off, (ii) if there exists a farsighted improvingpath from any...
Persistent link: https://www.econbiz.de/10010369432
We study stable sets for marriage problems under the assumption that players can be both myopic and farsighted. We introduce the new notion of the myopic-farsighted stable set. For the special cases where all players are myopic and where all players are farsighted, our concept predicts the set...
Persistent link: https://www.econbiz.de/10012952674
We study stable sets for marriage problems under the assumption that players can be both myopic and farsighted. We introduce the new notion of the myopic-farsighted stable set, which is based on the notion of a myopic-farsighted improving path. A myopic-farsighted stable set is the set of...
Persistent link: https://www.econbiz.de/10012956538
We study von Neumann Morgenstern stable sets for one-to-one matching problems under the assumption of coalitional sovereignty, meaning that a deviating coalition of players does not have the power to arrange the matches of agents outside the coalition. We study both the case of pairwise and...
Persistent link: https://www.econbiz.de/10012989559
We consider marriage problems where myopic and farsighted players interact. To study such problems, we use the pairwise myopic-farsighted stable set. Blocking occurs by coalitions of size one or two. We require that all blocking players should strictly improve. We pay particular attention to the...
Persistent link: https://www.econbiz.de/10013242553
We propose a new concept, the pairwise farsightedly stable set, in order to predict which networks may be formed among farsighted players. A set of networks G is pairwise farsightedly stable (i) if all possible pairwise deviations from any network g ∈ G to a network outside G are deterred by...
Persistent link: https://www.econbiz.de/10005209952
A set of coalition structures P is farsightedly stable (i) if all possible deviations from any coalition structure p belonging to P to a coalition structure outside P are deterred by the threat of ending worse off or equally well off, (ii) if there exists a farsighted improving path from any...
Persistent link: https://www.econbiz.de/10014194498
We propose a solution concept for social environments called social rationalizability with mediation that identifies the consequences of common knowledge of rationality and farsightedness. In a social environment several coalitions may and could be willing to move at the same time. Individuals...
Persistent link: https://www.econbiz.de/10013306878
We study the criminal networks that will emerge in the long run when criminals are neither myopic nor completely farsighted but have some limited degree of farsightedness. We adopt the horizon-K farsighted set of Herings, Mauleon and Vannetelbosch (2019) to answer this question. We find that in...
Persistent link: https://www.econbiz.de/10013228466