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Persistent link: https://www.econbiz.de/10008497290
players. Like in competitive equilibrium, a core solution is determined by shadow prices on state-dependent claims. And like … price-supported core allocation. …
Persistent link: https://www.econbiz.de/10008925671
the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two …
Persistent link: https://www.econbiz.de/10005611899
allowing all its members to get the service that generates the revenues. We focus on the study of the core of cost … consideration to all its members, it is shown that a cost-revenue game has a nonempty core for any vector of revenues if, and only … if, the dual game of the cost game has a large core. Using this result, we investigate minimum cost spanning tree games …
Persistent link: https://www.econbiz.de/10011097704
For non-atomic TU games nu satisfying suitable conditions, the core can be determined by computing appropriate … derivatives of nu. Further, such computations yield one of two stark conclusions: either core(nu) is empty or it consists of a … single measure that can be expressed explicitly in terms of derivatives of $\nu $. In this sense, core theory for a class of …
Persistent link: https://www.econbiz.de/10005200773
Consider the cooperative coalition games with side payments. Bargaining sets are calculated for all possible coalition structures to obtain a collection of imputations rather than single imputation. Our aim is to obtain a single payoff vector, which is acceptable by all players of the game under...
Persistent link: https://www.econbiz.de/10004970217
points of the core, and a median property of stable outcomes. The TU roommate game is a special case of the TU partitioning … game of Kaneko and Wooders. Bondareva and Shapley's balancedness condition for the core of such games is the starting point …
Persistent link: https://www.econbiz.de/10005178874
incentive compatibility constraints: the associated ex ante core is generically non-empty. However, we exhibit a wellbehaved … exchange economy in which this core is empty, even if goods are allocated through random mechanisms. …
Persistent link: https://www.econbiz.de/10005043580
incentive compatibility constraints : the associated ex ante core is generically nonempty. However, we exhibit a well …–behaved exchange economy in which this core is empty, even if goods are allocated through random mechanisms. …
Persistent link: https://www.econbiz.de/10010707133
incentive compatibility constraints : the associated ex ante core is generically nonempty. However, we exhibit a well …–behaved exchange economy in which this core is empty, even if goods are allocated through random mechanisms. …
Persistent link: https://www.econbiz.de/10008790083