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Competitive Outcomes and the Core of TU Market Games
Brangewitz, Sonja - 2012
We investigate the relationship between certain subsets of the core for TU market games and competitive payoff vectors … and Shubik (1975). They remark already that their result can be extended to any closed convex subset of the core, but they …
Persistent link: https://www.econbiz.de/10013108822
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Competitive outcomes and the inner core of NTU market games
Brangewitz, Sonja; Gamp, Jan-Philip - 2011
We consider the inner core as a solution concept for cooperative games with non- transferable utility (NTU) and its … subsets of the inner core for NTU market games and competitive payoff vectors of markets linked to the NTU market game. This … large class of closed subsets of the inner core: Given an NTU market game we construct a market depending on a given closed …
Persistent link: https://www.econbiz.de/10009229327
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Competitive outcomes and the core of TU market games
Brangewitz, Sonja; Gamp, Jan-Philip - 2011
We investigate the relationship between certain subsets of the core for TU market games and competitive payoff vectors … and Shubik (1975). They remark already that their result can be extended to any closed convex subset of the core, but they … theorems of Shapley and Shubik (1975) are included as special cases. -- Market Games ; Competitive Payoffs ; Core …
Persistent link: https://www.econbiz.de/10009310985
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Competitive Outcomes and the Inner Core of NTU Market Games
Brangewitz, Sonja - 2012
We consider the inner core as a solution concept for cooperative games with non-transferable utility (NTU) and its … subsets of the inner core for NTU market games and competitive payoff vectors of markets linked to the NTU market game. This … large class of closed subsets of the inner core: Given an NTU market game we construct a market depending on a given closed …
Persistent link: https://www.econbiz.de/10013108817
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Competitive outcomes and the inner core of NTU market games
Brangewitz, Sonja; Gamp, Jan-Philip - In: Economic theory : official journal of the Society for … 57 (2014) 3, pp. 529-554
Persistent link: https://www.econbiz.de/10010458507
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Competition and cooperation in a PFF game theoretic model of electrical energy trade
Csercsik, Dávid - 2013
A cooperative game theoretic framework is introduced to study the behavior of cooperating and competing electrical energy providers considering price-preference rational consumers. We analyze the interactions of generators in an idealized environment described by a DC load flow model where the...
Persistent link: https://www.econbiz.de/10009719691
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Strategic Investments with Competition Under Uncertainty in the ASEAN/AEC : A Game-Theoretic Real Options Analysis
Los, Cornelis A. - 2014
The Association of Southeast Asian Nations (ASEAN) intends to create the ASEAN Economic Community (AEC) as a single market, to be completed by 2020. The single market will boost the competition in both ASEAN's internal and external markets, which will spur innovation. Creative innovation will...
Persistent link: https://www.econbiz.de/10013061529
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Competition dynamics in Nigerian aviation industry : a game theoretic approach
Shobande, Olatunji Abdul; Akinbomi, Mobolaji Daniel - In: Future Business Journal 6 (2020) 11, pp. 1-8
Background: This paper develops a game theoretic model that analyses the dynamics of competition among the leading domestic aviation firms in the Nigerian aviation industry. It probes the abilities of the prisoner dilemma to describe the subjective behaviour of the firms, which provide a...
Persistent link: https://www.econbiz.de/10012308330
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Contests and negotiation between hubristic players
Long, Iain W. - 2019
Why do contests exist in settings where negotiation provides a costless alternative? I assess a new explanation: parties may be overconfident about their ability or optimistic about their chances of winning. For both parties in a contest, this hubris: (i) reduces the incentive to exit the...
Persistent link: https://www.econbiz.de/10012052378
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Competition and networks of collaboration
Roketskiy, Nikita - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 3, pp. 1077-1110
I develop a model of collaboration between tournament participants in which agents collaborate in pairs, and an endogenous structure of collaboration is represented by a weighted network. The agents are forward-looking and capable of coordination; they value collaboration with others and higher...
Persistent link: https://www.econbiz.de/10011937299