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The Hart-and-Mas-Colell bargaining model (Hart and Mas-Colell in J Eur Econ Assoc 8:7–33, <CitationRef CitationID="CR8">2010</CitationRef>), which is based on strategic form games, is a very promising model possessing many beautiful features. Nevertheless, it is not flawless: threats used in this model may behave quite...</citationref>
Persistent link: https://www.econbiz.de/10010998863
The spread and resonance of users’ opinions on Sina Weibo, the most popular micro-blogging website in China, are tremendously influential, having significantly affected the processes of many real-world hot social events. We select 21 hot events that were widely discussed on Sina Weibo in 2011,...
Persistent link: https://www.econbiz.de/10010730335
SinaWeibo is a Twitter-like social network service emerging in China recently. We analyzed the hot weibos (tweets), which exceed threshold of being reposted for 1000 times, from a data set of 650 million weibos during August 2009 and January 2012. We classified the hot weibos into eight...
Persistent link: https://www.econbiz.de/10011117816
The 8-th problem raised by [Hart, S., Mas-Colell, A., 2010. Bargaining and cooperation in strategic form games. Journal of the European Economics Association 8 (1), 7–33], is solved. To be specific, I show that the set of SP equilibria can be determined by a finite number of systems of linear...
Persistent link: https://www.econbiz.de/10011065148
Persistent link: https://www.econbiz.de/10010949110
Statistical models in econometrics, biology, and most other areas, are not expected to be correct, and often are not very accurate. The choice of a model for the analysis of data depends on the purpose of the analysis, the relation between the data and the model, and also on the sample or data...
Persistent link: https://www.econbiz.de/10010949111
Building on the work of Nash, Harsanyi, and Shapley, we define a cooperative solution for strategic games that takes account of both the competitive and the cooperative aspects of such games. We prove existence in the general (NTU) case and uniqueness in the TU case. Our main result is an...
Persistent link: https://www.econbiz.de/10011253019
We show that the Aumann-Davis-Maschler bargaining set and the Mas-Colell bargaining set of a non-leveled NTU game that is either ordinal convex or coalition merge convex coincides with the core of the game. Moreover, we show by means of an example that the foregoing statement may not be valid if...
Persistent link: https://www.econbiz.de/10011253020
Probability estimation is an essential cognitive function in perception, motor control, and decision making. Many studies have shown that when making decisions in a stochastic operant conditioning task, people and animals behave as if they underestimatethe probability of rare events. It is...
Persistent link: https://www.econbiz.de/10011253021
We show that feasible elimination procedures (Peleg, 1978) can be used to select k from m alternatives. An important advantage of this method is the core property: no coalition can guarantee an outcome that is preferred by all its members. We also provide an axiomatic characterization for the...
Persistent link: https://www.econbiz.de/10011253022