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We study a condition of favoring cooperation in a Prisoner's Dilemma game on complex networks. There are two kinds of players: cooperators and defectors. Cooperators pay a benefit b to their neighbors at a cost c, whereas defectors only receive a benefit. The game is a death-birth process with...
Persistent link: https://www.econbiz.de/10013116350
In this paper, we introduce a new approach to measure the dissatisfaction for coalitions of players in cooperative transferable utility games. This is done by considering affine (and convex) combinations of the classical excess and the proportional excess. Based on this so-called alpha-excess,...
Persistent link: https://www.econbiz.de/10013218666
In a Nash equilibrium of voluntary participation games in international environmental agreements, the optimal surplus sharing rules, proposed by Eyckmans and Finus (2004) and Weikard (2009), incentivize more countries to participate in the agreements. We examine how robust this desirability of...
Persistent link: https://www.econbiz.de/10013219247
We build a theoretical model to study a market structure of a marketing cooperative with direct selling, in which many farmers are members of an agricultural marketing cooperative. They can sell their production either to the cooperative or on an oligopolistic local market. We show that the...
Persistent link: https://www.econbiz.de/10013062408
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Historical notes and references for the Foreword and Introduction -- 1 Noncooperative games -- 1 Noncooperative games and their components -- 2 Optimality principles in noncooperative games -- 3 Realizability of A-optimality principles -- 4 Realizability of A-principles in metastrategies -- 5...
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This book presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level. It covers most topics of interest in game theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise level. It...
Persistent link: https://www.econbiz.de/10013521003