Showing 1 - 10 of 297
Every weighted tree corresponds naturally to a cooperative game that we call a tree game; it assigns to each subset of leaves the sum of the weights of the minimal subtree spanned by those leaves. In the context of phylogenetic trees, the leaves are species and this assignment captures the...
Persistent link: https://www.econbiz.de/10009452497
In this paper we study hedonic coalition formation games in which players' preferences over coalitions are induced by a semi-value of a monotonic simple game with veto control. We consider partitions of the player set in which the winning coalition contains the union of all minimal winning...
Persistent link: https://www.econbiz.de/10009452514
We have studied the incentives of forming coalitions in the Airport Problem. It has shown that in this class of games, if coalitions form freely, the Shapley value does not lead to the formation of grand or coalitions with many players. Just a coalition with a few number of players forms to act...
Persistent link: https://www.econbiz.de/10009452562
We consider a decentralized, two-echelon supply chain where the upper echelon --the supplier-- bears the inventory risk. To service the retailers, the supplier either keeps inventory reserved for each of her customers or else pools inventory to share among her customers. The common insight...
Persistent link: https://www.econbiz.de/10009476022
This paper develops an approach for valuing Internet Service Providers (ISPs). The viewpoint is taken that once access to the Internet is obtained it can then be characterized by non-rivalrous consumption and non-exhaustibility. However, the quality of access is affected by the capacity of the...
Persistent link: https://www.econbiz.de/10009448018
In this paper, we study the asset pricing implication of imprecise knowledge about rare events. Modeling rare events as jumps in the aggregate endowment, we explicitly solve the equilibrium asset prices in a pure-exchange economy with a representative agent who is averse not only to risk but...
Persistent link: https://www.econbiz.de/10009432806
Full-text of this article is not available in this e-prints service. This article was originally published following peer-review in Personnel Review, published by and copyright Emerald.
Persistent link: https://www.econbiz.de/10009455044
Theoretical reasoning disagrees about what type of bargaining system performs best. We have tested the explanatory power of three competing hypotheses: neoliberalism, coporatism and the hump-shape hypothesis. All of these hypotheses lack empirical support due to two main shortcomings. First,...
Persistent link: https://www.econbiz.de/10009459899
According to the Howard government and some 'small business' organisations, the changes made to Australian industrial relations arrangements by the 2005 'Work Choices' Act will be of particular importance to small and medium sized establishments (SMEs). Specifically, the dilution of the...
Persistent link: https://www.econbiz.de/10009481949
Purpose ? Aims to test Walton and McKersie?s theory on labour negotiations, specifically in the case of German car … production. While German managers act at an enterprise level, a structural force has been responsible for the success of Germany … structural divisions between intra-enterprise level arrangements and extra-enterprise level collective bargaining at a conceptual …
Persistent link: https://www.econbiz.de/10009481964