Showing 1 - 10 of 38
A set of agents stand to receive a service. No two agents can be served simultaneously. A Queue has been organized, and agents having to wait should receive monetary compensations. We characterize the rule assigning positions in the queue and compensations corresponding to the payoffs...
Persistent link: https://www.econbiz.de/10005776078
In a model where agents have unequal production skills and different preferences, we build social welfare functions which rely only on ordinal non-comparable information on individual preferences. Social welfare functions are required to satisfy properties of compensation for inequalities in...
Persistent link: https://www.econbiz.de/10005669316
The paper deals with the literature on social evolution.
Persistent link: https://www.econbiz.de/10005245488
This paper explores the quantitative relation between non-random, assortative matching and the maintenance of cooperative behavior under evolutionary dynamics.
Persistent link: https://www.econbiz.de/10005245492
In this paper we will describe a class of three-person games and draw general conclusions about non-cooperative behavior in them.
Persistent link: https://www.econbiz.de/10005545586
Consider a group of individuals who have to collectively choose an outcome from a finite set of feasible alternatives. A scoring or positional rule is an aggregation procedure where each voter awards a given number of points, Wj, to the alternative she ranks in Jth position in her preference...
Persistent link: https://www.econbiz.de/10005625607
In this paper it is shown that the core and the bargaining sets of Davis-Maschler and Zhou coincide in a class of shortest path games.
Persistent link: https://www.econbiz.de/10005634509
A set of necessary and sufficient conditions for convexity of a transferable utility game in terms of its decomposition into unanimity games is shown to be minimal: none of the conditions is redundant. The result is used to provide an axiomatization of the Shapley value on the set of convex games.
Persistent link: https://www.econbiz.de/10005634533
A contingent contract in a transferable utility game under uncertainty specifies an outcome for each possible state. It is assumed that coalitions evaluate these contracts by considering the minimal possible excesses. A main question of the paper concerns the existence and characterization of...
Persistent link: https://www.econbiz.de/10005729546
This paper analyzes an evolutionary model where agents who are locally matched to play a general coordination game can adjust both their strategy and location. These decisions are subject to friction, so that an agent who migrates to a different location may be unable to adjust her strategy...
Persistent link: https://www.econbiz.de/10005572234