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Top responsiveness is introduced by Alcalde and Revilla [Journal of Mathematical Economics 40 (2004) 869-887] as a property which induces a rich domain on playerss preferences in hedonic games, and guarantees the existence of core stable partitions. We strengthen this observation by proving the...
Persistent link: https://www.econbiz.de/10005687756
A redistribution system is any social system as organization, company or institution is where the redistribution of payments of players in comparison with their performance happens. The very important role is played by constitutions of alliances created in this system. Modeling of essential...
Persistent link: https://www.econbiz.de/10010723137
achievement of individual players. The redistribution is usually allowed by a coalition, formed inside of redistribution system …
Persistent link: https://www.econbiz.de/10008545887
There are two varieties of timing games in economics: In a war of attrition, more predecessors helps; in a pre-emption game, more predecessors hurts. In this paper, we introduce and explore a spanning class with rank-order payoffs that subsumes both as special cases. In this environment with...
Persistent link: https://www.econbiz.de/10005762764
-operation can result from a strategic actionfrom the members of the coalition. The insiders of the coalition create an incentive for …
Persistent link: https://www.econbiz.de/10005722230
The contribution resumes the article called Nash Equilibrium in Redistribution Systems (Calculation, significance, use), published in the magazine ACTA 1/2008. It is based on some general methodological questions of theory development that use mathematical apparatus, where finding an appropriate...
Persistent link: https://www.econbiz.de/10010860164
notion of coalition-proof Nash equilibrium. (2) The negotiation process is formalized by a "graph", which serves as a natural …
Persistent link: https://www.econbiz.de/10005755721
Persistent link: https://www.econbiz.de/10005755698
Fixed point theorems are the standard tool used to prove the existence of equilibria in mathematical economics. This paper shows how to prove a slight generalization of Brouwer's and Kakutani's fixed point theorems using the familiar techniques of drawing and shifting curves in the plane and is,...
Persistent link: https://www.econbiz.de/10005607526
markets, to attain higher value from the emission trading, we have shown that coalition strategies provide a pertinent … coalitions and hence the coalition strategies. …
Persistent link: https://www.econbiz.de/10005550910