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We investigate the relationship between certain subsets of the core for TU market games and competitive payoff vectors of certain markets linked to that game. This can be considered as the case in between the two extreme cases of Shapley and Shubik (1975). They remark already that their result...
Persistent link: https://www.econbiz.de/10013108822
In two-sided markets, instead of joining the platform simultaneously, two groups could join the platform sequentially. Under monopoly, the commitment case is equivalent to the no commitment case. With competing firms, there are two cases to consider. For case 1, if the two groups are...
Persistent link: https://www.econbiz.de/10012894285
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We investigate the relationship between certain subsets of the core for TU market games and competitive payoff vectors of certain markets linked to that game. This can be considered as the case in between the two extreme cases of Shapley and Shubik (1975). They remark already that their result...
Persistent link: https://www.econbiz.de/10009310985
Persistent link: https://www.econbiz.de/10008823319
We consider the inner core as a solution concept for cooperative games with non- transferable utility (NTU) and its …
Persistent link: https://www.econbiz.de/10009229327
depend on sound infrastructure and well-calibrated regulation. The humble wooden utility pole, first deployed in America in … 1844 to extend telegraph service, forms the twenty-first century’s technological scaffold. Utility poles are increasingly … risks posed by century-old private utility pole associations in California, composed of private and public utility pole …
Persistent link: https://www.econbiz.de/10014254996
can be socially beneficial, since the additional information that the decision maker gets access to makes the increase in …
Persistent link: https://www.econbiz.de/10014055780