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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
achievement of individual players. The redistribution is usually allowed by a coalition, formed inside of redistribution system …
Persistent link: https://www.econbiz.de/10008545887
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
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
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
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
-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
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
-proof and coalition-proof literature. Intuitively, I require that an equilibrium should not prescribe in any subgame a course of … action that some coalition of players would jointly wish to deviate, given the restriction that every deviation must itself …
Persistent link: https://www.econbiz.de/10005342239