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solution is a strong core selection. Given this fact, this paper examines the equilibrium outcomes of the preference revelation … equilibrium outcomes coincides with the strong core. This generalizes one of the results by Shin and Suh (1996) obtained in the …. -- generalized indivisible good allocation problem ; preference revelation game ; strict strong Nash equilibrium ; strong core …
Persistent link: https://www.econbiz.de/10003321321
solution is a strong core selection. Given this fact, this paper examines the equilibrium outcomes of the preference revelation … equilibrium outcomes coincides with the strong core. This generalizes one of the results by Shin and Suh (1996) obtained in the …
Persistent link: https://www.econbiz.de/10012733933
We show that the characterization result of the weak core correspondence in simple games in Takamiya et al. (2018) still holds true even when the set of alternatives contains uncountably infinite elements
Persistent link: https://www.econbiz.de/10012913496
Top responsiveness is introduced by Alcalde and Revilla [Journal of Mathematical Economics 40 (2004) 869-887] as a property which induces a rich domain on players's preferences in hedonic games, and guarantees the existence of core stable partitions. We strengthen this observation by proving the...
Persistent link: https://www.econbiz.de/10003731618
We provide a new proof of the non-emptiness of approximate cores of games with many players of a finite number of types. Earlier papers in the literature proceed by showing that, for games with many players, equal-treatment cores of their "balanced cover games", which are non-empty, can be...
Persistent link: https://www.econbiz.de/10010472889
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
Yu and Zhang (2020) propose a job rotation model to study rotation schemes thatwidely exist in real life. In the model agents' rights to consume own endowmentsare restricted, but their rights to trade endowments are unrestricted. This poses aninteresting contrast with the housing market model of...
Persistent link: https://www.econbiz.de/10012836823
We show that there is no consistent Pareto improvement over any stable mechanism. To overcome this impossibility, we introduce the following weak consistency requirement: Whenever a set of students, each of whom is assigned to a school that is under-demanded at the student-optimal stable...
Persistent link: https://www.econbiz.de/10012901491
We study the possibility of designing satisfactory ex post incentive compatible single valued direct mechanisms in interdependent values environments, characterized by the set of agents type profiles and by their induced preference profiles. For environments that we call knit and strict, only...
Persistent link: https://www.econbiz.de/10012925803
We investigate the computational complexity of several decision problems in hedonic coalition formation games and demonstrate that attaining stability in such games remains NP-hard even when they are additive. Precisely, we prove that when either core stability or strict core stability is under...
Persistent link: https://www.econbiz.de/10008799165