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characterizes the corresponding delta-discounted Shapley value. Moreover, we provide a strategic implementation of these solutions …
Persistent link: https://www.econbiz.de/10010326064
of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …
Persistent link: https://www.econbiz.de/10010325573
Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where players with different waiting costs have to form a queue in order to be served, they firstly compete with...
Persistent link: https://www.econbiz.de/10010238945
Some new axiomatic characterizations and recursive formulas of the Shapley value are presented. In the results, dual games and the self-duality of the value implicitly play an important role. A set of non-cooperative games which implement the Shapley value on the class of all games is given
Persistent link: https://www.econbiz.de/10014222309
of solutions using monotonicity properties. Finally, we provide a non-cooperative implementation for these solutions …
Persistent link: https://www.econbiz.de/10014224553
This paper studies a generalization of the consensus value (cf.Ju, Borm and Ruys (2004)) to the class of partition function form games. The concepts and axioms, related to the consensus value, are extended. This value is characterized as the unique function that satisfies efficiency, complete...
Persistent link: https://www.econbiz.de/10014069994
In this note we provide a strategic implementation of the average tree solution for zero-monotonic cycle-free graph …
Persistent link: https://www.econbiz.de/10010326336
is provided for subgame perfect equilibria. Finally, it is indicated how these results can be extended to implementation …
Persistent link: https://www.econbiz.de/10010272572
Persistent link: https://www.econbiz.de/10009722639
interpreted as a mechanism theoretical implementation of the Nash solution. Our results in the present paper provide exact non … of the above mentioned support results, including our present ones, with mechanism theoretic implementation in (weakly … implementation can hardly be found except in very rare cases of extremely restricted domains of players' preferences. …
Persistent link: https://www.econbiz.de/10011412680