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coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
Persistent link: https://www.econbiz.de/10010325691
coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
Persistent link: https://www.econbiz.de/10011383187
Persistent link: https://www.econbiz.de/10012821196
Persistent link: https://www.econbiz.de/10014250497
We consider the problem of dividing the cost of a facility when agents can be ordered in terms of the need they have for it, and accommodating an agent with a certain need allows accommodating all agents with lower needs at no extra cost. This problem is known as the “airport problem”, the...
Persistent link: https://www.econbiz.de/10005808158
coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
Persistent link: https://www.econbiz.de/10011257183
Maschler et al. (1979) provide a geometrical characterization for the intersection of the kernel and the core of a … each pair of players. In the case of the assignment game, this means that the kernel can be determined as those core … allocations where the maximum amount, that can be transferred without getting outside the core, from one agent to his …
Persistent link: https://www.econbiz.de/10009371382
A community faces the obligation of providing an indivisible public good. Each member is capable of providing it at a certain cost and the solution is to rely on the player who can do it at the lowest cost. It is then natural that he or she be compensated by the other players. The question is to...
Persistent link: https://www.econbiz.de/10008642230
Persistent link: https://www.econbiz.de/10009292855
game is associated and the proportional distribution arises as a natural core allocation. We describe a necessary and … sufficient condition for which the core of the game shrinks to the proportional distribution. Furthermore, we characterize … axiomatically the proportional distribution by means of three properties: core-selection, core-invariance and resource monotonicity …
Persistent link: https://www.econbiz.de/10010726673