Showing 1 - 8 of 8
For each assignment market, an associated bargaining problem is defined and some bargaining solutions to this problem are analyzed. For a particular choice of the disagreement point, the Nash solution and the Kalai-Smorodinsky solution coincide and give the midpoint between the buyers-optimal...
Persistent link: https://www.econbiz.de/10010851444
Existence of von NeumannMorgenstern solutions (stable sets) is proved for any assignment game. For each optimal matching, a stable set is defined as the union of the core of the game and the core of the subgames that are compatible with this matching. All these stable sets exclude third-party...
Persistent link: https://www.econbiz.de/10010547178
Given an assignment market, we introduce a set of vectors, one for each possible ordering on the player set, which we name the max-payoff vectors. Each one of these vectors is obtained recursively only making use of the assignment matrix. Those max-payoff vectors that are efficient turn up to...
Persistent link: https://www.econbiz.de/10010547224
The core of an assignment market is the translation, by the vector of minimum core payoffs, of the core of another better positioned market, the matrix of which has the properties of being dominant diagonal and doubly dominant diagonal. This new matrix is defined as the canonical form of the...
Persistent link: https://www.econbiz.de/10010547514
In the framework of bilateral assignment games, we study the set of matrices associated with assignment markets with the same core. We state conditions on matrix entries that ensure that the related assignment games have the same core. We prove that the set of matrices leading to the same core...
Persistent link: https://www.econbiz.de/10008522620
We provide explicit formulas for the nucleolus of an arbitrary assignment game with two buyers and two sellers. Five different cases are analyzed depending on the entries of the assignment matrix. We extend the results to the case of 2 m or m 2 assignment games.
Persistent link: https://www.econbiz.de/10010817236
Persistent link: https://www.econbiz.de/10008690922
An assignment game is defined by a matrix A, where each row represents a buyer and each column a seller. If buyer i is matched with seller j, the market produces aij units of utility. We study Monge assignment games, that is bilateral cooperative assignment games where the assignment matrix...
Persistent link: https://www.econbiz.de/10010895706