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We give a direct proof of one-sided strategy-proofness for worker-firm matching under continuously transferable utility. A new “Lone Wolf” theorem (Jagadeesan et al. (2017)) for settings with transferable utility allows us to adapt the method of proving one-sided strategy-proofness that is...
Persistent link: https://www.econbiz.de/10012933003
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We provide a new proof of the non-emptiness of approximate cores of games with many players of a finite number of types. Earlier papers in the literature proceed by showing that, for games with many players, equal-treatment cores of their "balanced cover games", which are non-empty, can be...
Persistent link: https://www.econbiz.de/10010472889
The Hart-and-Mas-Colell bargaining model [Hart and Mas-Colell (2010). “Bargaining and Cooperation in Strategic Form Games.” Journal of the European Economics Association, 8, 7-33], which is based on strategic form games, is a very promising model possessing many beautiful features....
Persistent link: https://www.econbiz.de/10013066306
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In this paper, we introduce a solution concept generalizing the Harsanyi non-transferable utility (NTU) value to cooperative games with incomplete information. The so-defined S-solution is characterized by virtual utility scales that extend the Harsanyi-Shapley fictitious weighted utility...
Persistent link: https://www.econbiz.de/10012907407
Cooperative game theory has proposed different notions of powerful players. For example, big-boss games (Muto et al., 1988) and clan games (Potters et al., 1989) are particular cases of veto games (Bahel, 2016). The present paper extends these veto games by assuming that there is a given subset...
Persistent link: https://www.econbiz.de/10013314021
This chapter surveys a class of solution concepts for n -person games without transferable utility — NTU games for short — that are based on varying notions of “fair division”. An NTU game is a specification of payoffs attainable by members of each coalition through some joint course of...
Persistent link: https://www.econbiz.de/10014024490
We consider hedonic coalition formation games that are induced by a simple TU-game and a cooperative solution. For such models, Shenoy's (1979) absence of the paradox of smaller coalitions provides a sufficient condition for core existence. We present three different versions of his condition in...
Persistent link: https://www.econbiz.de/10003731198
The Shapley-Ichiishi result states that a game is convex if and only if the convex hull of marginal vectors equals the core. In this paper we generalize this result by distinguishing equivalence classes of balanced games that share the same core structure. We then associate a system of linear...
Persistent link: https://www.econbiz.de/10003809135