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Inner core, asymmetric nash bargaining solutions and competitive payoffs
Brangewitz, Sonja; Gamp, Jan-Philip - 2011
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining … positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly positive … results on non-cooperative foundations of cooperative games. -- Inner Core ; Asymmetric Nash Bargaining Solution ; Competitive …
Persistent link: https://www.econbiz.de/10009268595
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Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs
Brangewitz, Sonja - 2012
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining … positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly positive …
Persistent link: https://www.econbiz.de/10013108823
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Implementations of the Nash Solution Based on its Walrasian Characterization
Trockel, Walter - 2001
The present paper provides three different support results for the Nash bargaining solution of $n$-person bargaining games. First, for any bargaining game there is defined a non-cooperative game in strategic form, whose unique Nash equilibrium induces a payoff vector that coincides with the Nash...
Persistent link: https://www.econbiz.de/10014150876
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Core stability and core selection in a decentralized labor matching market
Nax, Heinrich H.; Pradelski, Bary S. R. - In: Games 7 (2016) 2, pp. 1-16
are currently employed/unemployed. We show that such a process is absorbed into the core with probability one in finite … time. Moreover, within the core, allocations are selected that are characterized by surplus splitting according to a …
Persistent link: https://www.econbiz.de/10011453256
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Computational complexity in additive hedonic games
Sung, Shao Chin; Dimitrov, Dinko - 2008
either core stability or strict core stability is under consideration, the existence problem of a stable coalition structure …
Persistent link: https://www.econbiz.de/10003951586
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On liability insurance for automobiles
Flåm, Sjur D.; Wolfstetter, Elmar - 2010
Car owners are liable for property damage inflicted on other motorists. In most countries such liability must be insured by law. That law may favor expensive or heavy vehicles, prone to suffer or inflict large losses. This paper explores links between liability rules and vehicle choice. It...
Persistent link: https://www.econbiz.de/10003965107
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Assignment games with externalities and matching-based Cournot competition
Chen, Bo - 2013
We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural equilibrium is proposed, and the universal conjecture is shown to be the necessary and sufficient condition for the general existence of equilibrium. We then apply the solution concept...
Persistent link: https://www.econbiz.de/10010191642
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Efficient coalitional bargaining with noncontingent offers
Chaturvedi, Rakesh - In: Games and economic behavior 100 (2016), pp. 125-141
Persistent link: https://www.econbiz.de/10011771560
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Dominant strategy implementation in economic environments
Mizukami, Hideki (contributor); Wakayama, Takuma (contributor) - 2006
We study dominant strategy implementation especially in economic environments. We first showthat in general environments, strategy-proofness and quasi-strong-non-bossiness together are necessary and sufficient for dominant strategy implementation via the associated direct revelationmechanism. We...
Persistent link: https://www.econbiz.de/10003371461
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Designing stable mechanisms for economic environments
Healy, Paul J.; Mathevet, Laurent - In: Theoretical economics : TE ; an open access journal in … 7 (2012) 3, pp. 609-661
We study the design of mechanisms that implement Lindahl or Walrasian allocations and whose Nash equilibria are dynamically stable for a wide class of adaptive dynamics. We argue that supermodularity is not a desirable stability criterion in this mechanism design context, focusing instead on...
Persistent link: https://www.econbiz.de/10011689095