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We consider full-truthful Nash implementation, which requires that truth telling by each agent should be a Nash … both necessary and sufficient for full-truthful Nash implementation. We also prove that full-truthful Nash implementation … is equivalent to secure implementation(Saijo et al. (2005)). This gives us an alternative characterization of securely …
Persistent link: https://www.econbiz.de/10014055463
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however, instead of alternating offers, we have simultaneous payoff demands. We focus in the producer game he studies. Each player is chosen with equal probability. If that is the case,...
Persistent link: https://www.econbiz.de/10011296159
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however, instead of alternating offers, we have simultaneous payoff demands. We focus in the producer game he studies. Each player is chosen with equal probability. If that is the case,...
Persistent link: https://www.econbiz.de/10013019277
We give a mechanism fully implementing envy-free divisions such that: strategy spaces are symmetric, the set of Nash equilibria is a global attractor for the best-reply dynamics. As a byproduct, undesired mixed-strategy equilibria are weeded out by the adjustment process
Persistent link: https://www.econbiz.de/10014217517
This paper is a survey of the work in the Nash program for coalitional games, a research agenda proposed by Nash (1953) to bridge the gap between the non-cooperative and cooperative approaches to game theory
Persistent link: https://www.econbiz.de/10014064861
We conduct one of the first laboratory experiments and noncooperative analyses of the de-centralized matching market … but some differ from experimental evidence. Stable matching, which coincides with efficient matching in this setting, is … core and whether efficient matching is assortative determine the rate of matching, efficient matching, and surplus achieved …
Persistent link: https://www.econbiz.de/10012834566
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