Narrow search
Showing 1 - 10 of 156
Cover Image
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
Cover Image
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
Cover Image
Cooperative strategic games
Kohlberg, Elon; Neyman, Abraham - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 3, pp. 825-851
The value is a solution concept for n-person strategic games, developed by Nash, Shapley, and Harsanyi. The value of a game is an a priori evaluation of the economic worth of the position of each player, reflecting the players' strategic possibilities, including their ability to make threats...
Persistent link: https://www.econbiz.de/10012806287
Cover Image
On Liability Insurance for Automobiles
Flåm, Sjur Didrik; Wolfstetter, Elmar G. - 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/10010333956
Cover Image
Contributing or free-riding? A theory of endogenous lobby formation
Furusawa, Taiji; Konishi, Hideo - 2008
'intuitive' hybrid solution concept, the free-riding-proof core, which is always nonempty but does not necessarily achieve global …
Persistent link: https://www.econbiz.de/10010270938
Cover Image
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/10010427536
Cover Image
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 …
Persistent link: https://www.econbiz.de/10010319987
Cover Image
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
Cover Image
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
Cover Image
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