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Many real-life applications of house allocation problems are dynamic. For example, in the case of on-campus housing for college students, each year freshmen apply to move in and graduating seniors leave. Each student stays on campus for a few years only. A student is a "newcomer" in the...
Persistent link: https://www.econbiz.de/10003883281
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A common real-life problem is to fairly allocate a number of indivisible objects and a fixed amount of money among a group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent's bundle. In this context, fairness is incompatible with budget-balance...
Persistent link: https://www.econbiz.de/10011674186
We consider the problem where agents bargain over their shares of a perfectly divisible commodity. The aim of this paper is to identify the class of bargaining solutions induced by dominant strategy implementable allocation rules. To this end, we characterize the class of dominant strategy...
Persistent link: https://www.econbiz.de/10014041039
equilibrium due to Anesi and Seidmann, 2015. We then use this existence result to show that if a weak gradient restriction holds … independence condition holds at almost all alternatives, and equilibrium absorbing sets are dense in the set of alternatives. This …
Persistent link: https://www.econbiz.de/10011856695
equilibrium in pure stationary strategies whose limiting outcome as players get more patient is the core-constrained Nash …
Persistent link: https://www.econbiz.de/10012963352
cannot be implemented in Nash equilibrium. We find this results misleading and discuss how implementability of the Nash …
Persistent link: https://www.econbiz.de/10014070154
themes that receive explicit emphasis are agent farsightedness, the description of equilibrium coalition structures, and the …
Persistent link: https://www.econbiz.de/10014025454
Agents involved in a conflicting claims problem may be concerned with the proportion of their claims that is satisfied, or with the total amount they get. In order to relate both perspectives, we associate to each conflicting claims problem a bargaining-in-proportions set. Then, we obtain a...
Persistent link: https://www.econbiz.de/10010503395
Given a simple game, a power configuration specifies the power of each player in each winning coalition. We introduce a new power configuration which takes into account bargaining among players in coalitions. We show that under very weak conditions on a bargaining solution there is a power...
Persistent link: https://www.econbiz.de/10013079024