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This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10008509509
study of value theory and core theory. These two theories are the key to solving problems involving the allocation of goods …
Persistent link: https://www.econbiz.de/10011141073
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
combinations of one and two person coalitions.Secondly it is shown that MLTS games with ¯ve or less players have a nonempty core ….However, a six player MLTS game may have an empty core.For the special instance where the reward between a pair of nodes is equal … to 0 or 1, we provide relations between the structure of the core and the underlying network. …
Persistent link: https://www.econbiz.de/10011090530
distributive lattice, hence generated by a partial order on the set of players. Its core may be unbounded, and the bounded core …, which is the union of all bounded faces of the core, proves to be a useful solution concept in the framework of games with … precedence constraints. Replacing the inequalities that define the core by equations for a collection of coalitions results in a …
Persistent link: https://www.econbiz.de/10010775866
distributive lattice, hence generated by a partial order on the set of players. Its core may be unbounded, and the bounded core …, which is the union of all bounded faces of the core, proves to be a useful solution concept in the framework of games with … precedence constraints. Replacing the inequalities that define the core by equations for a collection of coalitions results in a …
Persistent link: https://www.econbiz.de/10010784118
Persistent link: https://www.econbiz.de/10010878377
cooperative equilibria, especially as the number of players increases without bound. The core and the Shapley value are the …
Persistent link: https://www.econbiz.de/10010883241
This paper investigates how cooperation among users can achieve a better management of groundwater in the presence of environmental externalities. Cooperation allows users to internalize the damages caused by their activities and reduce extractions. The paper develops a game theoretical...
Persistent link: https://www.econbiz.de/10010862829
In this paper, we study inventory pooling coalitions within a decentralized distribution system consisting of a manufacturer, a warehouse (or an integration center), and n retailers. At the time their orders are placed, the retailers know their demand distribution but do not know the exact value...
Persistent link: https://www.econbiz.de/10011052632