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Binmore, Ken - In: Handbook of game theory with economic applications : …, (pp. 1-26). 2015

assumes too little. In places, especially on the subject of Bayesianism, the paper criticizes current practice on the grounds …

Persistent link: https://www.econbiz.de/10014025458

The coalitional Nash bargaining solution with simultaneous payoff demands

Nieva, Ricardo - 2015

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

No-arbitrage, overlapping sets of priors and the existence of efficient allocations and equilibria in the presence of risk and ambiguity.

Dana, Rose-Anne; Van, Cuong Le - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2008

some prior. It is shown that the more uncertainty averse and the more risk averse, the more likely are efficient …The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme …

Persistent link: https://www.econbiz.de/10005696750

No-arbitrage, overlapping sets of priors and the existence of efficient allocations and equilibria in the presence of risk and ambiguity

Dana, Rose-Anne; Van, Cuong Le - HAL - 2009

Persistent link: https://www.econbiz.de/10010738543

Overlapping risk adjusted sets of priors and the existence of efficient allocations and equilibria with short-selling

Dana, Rose-Anne; Van, Cuong Le - HAL - 2010

some prior. It is shown that the more uncertainty averse and the more risk averse the agents, the more likely are efficient …The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme …

Persistent link: https://www.econbiz.de/10010603664

Overlapping Risk Adjusted Sets of Priors and the Existence of Efficient Allocations and Equilibria with Short-Selling

Le Van, Cuong; Dana, Rose-Anne - Université Paris-Dauphine (Paris IX) - 2010

are necessary when agents are not risk neutral at extreme levels of wealths. It is shown that the more uncertainty averse …The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … averse variational preferences. No-arbitrage conditions are given in terms of risk adjusted priors. A sufficient condition …

Persistent link: https://www.econbiz.de/10010708543