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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
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
compared in this paper with the solutions with the property of ?-core stability. Key instruments for that comparison are the … as they result from unacceptable, i.e. unstable imputations. The relation between internal and core stable solutions is … exist. But this class of games is more restricted than the one for which only ?-core solutions exist. The argument is first …
Persistent link: https://www.econbiz.de/10011246306
dynamic coalition formation, and I look at and review a learning model. After it I show some paper about the core. The main … aspect is how can reach the core. …
Persistent link: https://www.econbiz.de/10010553695
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
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
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/10011025926
The results are presented from several experiments. They include the selection of points in the core, interpersonal …
Persistent link: https://www.econbiz.de/10005762670
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