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Persistent link: https://www.econbiz.de/10010250241
We study linearly weighted versions of the least core and the (pre)nucleolus and investigatethe reduction possibilities … core and the per-capita (pre)nucleolus from the dual game. This could lead to the design of polynomial time algorithms for … the per-capita (and other monotone nondecreasingly weighted versions of the) least core and the (pre)nucleolus in specific …
Persistent link: https://www.econbiz.de/10012016477
in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one …
Persistent link: https://www.econbiz.de/10010321960
Persistent link: https://www.econbiz.de/10010403673
on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous … sacrifice') which is derived from the egalitarian-equivalent concept suggested by Moulin (1987). We also develop a simple core … test by which it can be checked whether a given allocation is in the core thus being a possible outcome of a cooperative …
Persistent link: https://www.econbiz.de/10010270530
, the set of Walrasian payoff vectors of the induced coalition production economy coincides with the core of the balanced …
Persistent link: https://www.econbiz.de/10010272566
) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …
Persistent link: https://www.econbiz.de/10010273875
We formulate and study a general finite-horizon bargaining game with simultaneous moves and a disagreement outcome that need not be the worst possible result for the agents. Conditions are identified under which the game is dominance solvable in the sense that iterative deletion of weakly...
Persistent link: https://www.econbiz.de/10010280787
This paper associates a strategic n-person game with a given transferable utility game and studies its Nash equilibria. Strict equilibria in this model characterize those divisions of social surplus that can become conventions in the sense of Young (1993). It is shown that even in relatively...
Persistent link: https://www.econbiz.de/10011342576
the average rankings of the other types of groups. We show that a core stable coalition structure always exists, provided …
Persistent link: https://www.econbiz.de/10009751376