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This paper presents econometric methods for measuring the average output effect of reallocating an indivisible input across production units. A distinctive feature of reallocations is that, by definition, they involve no augmentation of resources and, as such, leave the marginal distribution of...
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We study the structure of unstable local effectivity functions defined for n players and p alternatives. A stability index based on the notion of cycle is introduced. In the particular case of simple games, the stability index is closely related to the Nakamura Number. In general it may be any...
Persistent link: https://www.econbiz.de/10010738469
the class of balanced games on a convex geometry has a consistency property, called the reduced game property. Moreover …, we axiomatize the core by means of consistency, as is analogous to a result by Peleg for traditional cooperative games …
Persistent link: https://www.econbiz.de/10010847692
This paper presents two characterizations of the core on the domain of all NTU games. One is based on consistency with … respect to “complement-reduced game” and converse consistency with respect to “max-reduced game”. The other is based on … consistency with respect to “max-reduced game” and weak converse consistency with respect to “complement-reduced game”. Besides …
Persistent link: https://www.econbiz.de/10010993386
games, there exists a solution not equal to the Core that satisfies coalitional unanimity, consistency, competition …
Persistent link: https://www.econbiz.de/10011106583
the class of balanced games on a convex geometry has a consistency property, called the reduced game property. Moreover …, we axiomatize the core by means of consistency, as is analogous to a result by Peleg for traditional cooperative games …
Persistent link: https://www.econbiz.de/10010950112
-person games, and versions of average consistency and its converse for multilateral settings. …
Persistent link: https://www.econbiz.de/10010318958