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An Axiomatization of the Banzhaf Value for Cooperative Games on Antimatroids

Algaba, E.; Bilbao, J.M.; van den Brink, R.; … - 2002

Cooperative games on antimatroids are cooperative games restricted by a combinatorial structure which generalize the permission structure. So, cooperative games on antimatroids group several well-known families of games which have important applications in economics and politics. Therefore, the...

Persistent link: https://www.econbiz.de/10010324827

Positional Wages, Market Wages and Firm Size

van den Brink, Rene; Ruys, Pieter H.M. - 2005

We model a firm in an institutional market setting, consisting of a production technology and its governance. The governance consists of a hierarchical firm structure, a cost efficiency parameter,and an internal pay system. The depth of the firm is determined by profit maximization under the...

Persistent link: https://www.econbiz.de/10010325411

The Average Tree Solution for Cooperative Games with Communication Structure

Herings, P. Jean-Jacques; van der Laan, Gerard; Talman, Dolf - 2008

We study cooperative games with communication structure, represented by an undirected graph. Players in the game are able to cooperate only if they can form a network in the graph. A single-valued solution, the average tree solution, is proposed for this class of games. Given the graph structure...

Persistent link: https://www.econbiz.de/10010325870

Share Functions for Cooperative Games with Levels Structure of Cooperation

Alvarez-Mozos, Mikel; van den Brink, Rene; van der … - 2012

In a standard TU-game it is assumed that every subset of the player set can form a coalition and earn its worth. One of the first models where restrictions in cooperation are considered is the one of games with coalition structure. In such games the player set is partitioned into unions and...

Persistent link: https://www.econbiz.de/10010326205

On the Core of Cost-Revenue Games: Minimum Cost Spanning Tree Games with Revenues

Estevez-Fernandez, Arantza; Reijnierse, Hans - 2012

In this paper, we analyze cost sharing problems arising from a general service by explicitly taking into account the generated revenues. To this cost-revenue sharing problem, we associate a cooperative game with transferable utility, called cost-revenue game. By considering cooperation among the...

Persistent link: https://www.econbiz.de/10010326323

Characterizing core stability with fuzzy games

Shellshear, Evan - 2009

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....

Persistent link: https://www.econbiz.de/10010272595

Cooperative games: Core and shapley value

Serrano, Roberto - 2007

This article describes the basic elements of the cooperative approach to game theory, one of the two counterparts of … of the most central solution concepts in cooperative game theory. …

Persistent link: https://www.econbiz.de/10010318970

Characteristics of Terrorism

Pittel, Karen; Rübbelke, Dirk - 2009

just obeying and, hence, to be irrational. In this paper we offer a different approach which postulates rationality of all …

Persistent link: https://www.econbiz.de/10011753167

Decision Processes of a Suicide Bomber – Integrating Economics and Psychology

Pittel, Karen; Rübbelke, Dirk T. G. - 2009

This paper provides a theoretical analysis regarding the rationality of suicide attacks from an economist’s point of … psychological concepts of cognitive dissonance and terror management theory into our economic analysis, we demonstrate why … – although predicted by standard economic theory – defection is a phenomenon rarely observed. We finally present some policy …

Persistent link: https://www.econbiz.de/10011753170

Constructive decision theory

Blume, Lawrence E.; Easley, David; Halpern, Joseph Y. - 2009

Contemporary approaches to decision making describe a decision problem by sets of states and outcomes, and a rich set of acts: functions from states to outcomes over which the decision maker (DM) has preferences. Real problems do not come so equipped. It is often unclear what the state and...

Persistent link: https://www.econbiz.de/10010294014

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