Showing 1 - 10 of 312
This paper investigates core stability of cooperative, TU games via a fuzzy extension of the totally balanced cover of … a TU game. The stability of the core of the fuzzy extension of a game, the concave extension, is shown to reflect the … core stability of the original game and vice versa. Stability of the core is then shown to be equivalent to the existence …
Persistent link: https://www.econbiz.de/10009452563
In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We have used a general equilibrium model in order to study how reducing mark-ups and increasing productivity in one sector affect aggregate unemployment for an exogenously given...
Persistent link: https://www.econbiz.de/10009476214
We consider misconceptions about the functioning of the economy as one possible explanation for the emergence of crises in democracies. Furthermore, we study a political process which may lead to successful reform. First of all, we show that voters can make inefficient decisions concerning...
Persistent link: https://www.econbiz.de/10009476265
Allokationsverfahren zur Vergabe von Zutrittslizenzen an Marktneulinge differieren hinsichtlich mehrerer Aspekte. Einer davon ist die Veröffentlichung der vom Regulierer im Lizenzvergabeverfahren gesammelten Informationen. Der Autor untersucht den Einfluss der Informationsweitergabe auf die...
Persistent link: https://www.econbiz.de/10009467401
dem IWF in diesen Szenarien zur Verfügung stehen, orientieren sich dabei an den in der Theorie zur Finanzintermediation …, especially in contract theory. After thoroughly summarizing the potential information asymmetries and negative incentives between …
Persistent link: https://www.econbiz.de/10009471827
This thesis contributes to the literature by providing new insights into the patterns and market implications of insider trading. The inferences presented here are based on the insider trading reports filed with the Polish Securities and Exchange Commission and the New Zealand Exchange. First,...
Persistent link: https://www.econbiz.de/10009460738
notion of an interval core has been coined and proposed as a solution concept for interval-valued games. In this paper we … will present a general mathematical programming algorithm which can be applied to find an element in the interval core. As … demonstrate how interval core elements can be computed. Also, we reveal that pitfalls exist if interval core elements are computed …
Persistent link: https://www.econbiz.de/10009447478
utility (TU) game from the viewpoint of general equilibrium theory. For any given game, we construct a competitive exchange … coalition production economy corresponding to the game. First, it is shown that the full core of a TU game is not empty if and … only if the completion of the game is balanced. The full core is defined free of any particular coalition structure and the …
Persistent link: https://www.econbiz.de/10009452472
We are concerned with the problem of core membership testing for hedonic coalition formation games, which is to decide … whether a certain coalition structure belongs to the core of a given game. We show that this problem is co-NP complete when …
Persistent link: https://www.econbiz.de/10009452483
the clan by a "dualize and extend" procedure. These procedures are also useful for relating core elements and elements of …
Persistent link: https://www.econbiz.de/10009452522