We analyze cooperative Cournot games with boundedly rational firms. Due to cognitive constraints, the members of a coalition cannot accurately predict the coalitional structure of the non-members. Thus, they compute their value following simple heuristics. In particular, they assign various...

We revisit games in partition function form, i.e. cooperative games where the payoff of a coalition depends on the partition of the entire set of players. We assume that each coalition computes its worth having probabilistic beliefs over the coalitional behavior of the outsiders, i.e., it...

We introduce a novel commodity tax mechanism in oligopolies that improves upon the standard tax policies. The government (i) announces an excise tax rate tau and (ii) auctions-off a number of tax exemptions. Namely, it invites the firms in a market to acquire the right to be exempted from the...

Researchers around the globe are searching for a "combo-drug" against COVID-19 by trying to combine various existing drugs. Given a set of such drugs, various algorithms (based, for example, on artificial intelligence) are used to identify the efficacy of different shares of the constituent...