Abstract: This paper introduces liability problems, as a generalization of bankruptcy problems, where every agent not … the agents want to cash their claims, we will analyze liability rules which prescribe how the total available amount of …. Existence of these schemes is established and it is seen that within the class of hierarchical liability problems, such a …

Car owners are liable for property damage inflicted on other motorists. In most countries such liability must be … links between liability rules and vehicle choice. It presumes cooperative insurance, but non-cooperative acquisition of … vehicles. Thus, the Nash equilibrium and its degree of efficiency depend on the liability regime. …

Since CERCLA's legislation in the United States, extending the liability to banks in case of an environmental damage …

One of the most important achievements of cooperative game theory is to provide a stable solution to numerous conflicts …

countries relative influence through a game-theory model: power measures. While the Union s inertia will be reduced, some member …