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We conducted a sensitivity analysis of results in weighted voting experiments by varying the following two features of the protocol by Montero et al. (2008): (a) the way subjects' roles are reassigned in each round (random versus semi-fixed roles) and (b) the number of proposals that subjects...
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It is well known that in three-person transferable-utility cooperative games the bargaining set {\cal M}i1 and the core coincide for any coalition structure, provided the latter solution is not empty. In contrast, five-person totally-balanced games are discussed in the literature in which the...
Persistent link: https://www.econbiz.de/10005375576
We prove a theorem on the intersection of the Weber sets (Weber, 1988) of two ordered cooperative games. From this theorem several consequences are derived, the inclusion of the core in the Weber set (Weber, 1988), the fact that every convex game has a large core (Sharkey, 1982), and a discrete...
Persistent link: https://www.econbiz.de/10005375634
Semivalues like the Shapley value and the Banzhaf value may assign the same payoff vector to different games. It is even possible that two games attain the same outcome for all semivalues. Due to the linearity of the semivalues, this exactly occurs in case the difference of the two games is an...
Persistent link: https://www.econbiz.de/10005375654
An expanded model of value in cooperative games is presented in which value has either a linear or a proportional mode, and NTU value has either an input or an output basis. In TU games, the modes correspond to the Shapley (1953) and proportional (Feldman (1999) and Ortmann (2000)) values. In...
Persistent link: https://www.econbiz.de/10005407563
This article analyzes the incentive to merge in a context of price competition with horizontal product differentiation. In contrast to the results obtained by Kamien and Zang (1990), we show that merged equilibria can appear in this game. Moreover monopolization of the industry occurs with a...
Persistent link: https://www.econbiz.de/10004970464
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/10011097704
This paper focuses on strategic interaction within a family and examines individual decision making. We set up a two-stage game model. In the first stage of the game, a man and a woman who have not yet met simultaneously determine their education levels non-cooperatively. In the second stage,...
Persistent link: https://www.econbiz.de/10011154646