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alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …
Persistent link: https://www.econbiz.de/10011591365
the existence problems of stable coalition structures. In particular, we show that contractual strictly core stable …
Persistent link: https://www.econbiz.de/10003731228
to the best aspect of each coalition, and is shown to be a sufficient conditaion for the existence of core stable … options a safer one. We show that all hedonic games satisfying bottom refuseness have core stable coalition structures …
Persistent link: https://www.econbiz.de/10013132602
-emptiness of the strong core and the second domain restriction ensures non-emptiness of the weak core of the corresponding hedonic … games. Moreover, an element of the strong core under friends appreciation can be found in polynomial time, while finding an … element of the weak core under enemies aversion is NP-hard. We examine also the relationship between our domain restrictions …
Persistent link: https://www.econbiz.de/10011601129
Aguiar et al. (2018) propose the Shapley distance as a measure of the extent to which output sharing among the stakeholders of an organization can be considered unfair. It measures the distance between an arbitrary pay profile and the Shapley pay profile under a given technology, the latter...
Persistent link: https://www.econbiz.de/10011880413
determines the structures of networks. In our model, agents are endowed with their own multidimensional characteristics and their … stable networks, and analyze how they are related to the way agents measure social distances. The model predicts the small …-formation costs, the model also accommodates other well documented empirical patterns of social networks such as skewed degree …
Persistent link: https://www.econbiz.de/10011705107
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011597403
alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …
Persistent link: https://www.econbiz.de/10014076141
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
We examine a new class of games, which we call social games, where players not only choose strategies but also choose with whom they play. A group of players who are dissatisfied with the play of their current partners can join together and play a new equilibrium. This imposes new refinements on...
Persistent link: https://www.econbiz.de/10014066240