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This paper is concerned with the question of how to define the core when cooperation takes place in a dynamic setting …-games. Three different core concepts are presented: the classical core, the strong sequential core and the weak sequential core …. Sufficient conditions are given for nonemptiness of the classical core in general and of the weak sequential core for the case of …
Persistent link: https://www.econbiz.de/10005050933
The aim of the paper is to study some important differences between (classical) non-cooperative and (modern) cooperative supply chain management. For this purpose, the paper develops a differential game model involving operations and marketing activities that are performed by a manufacturer and...
Persistent link: https://www.econbiz.de/10005012068
simultaneously or only in a round-robin fashion. The familiar core is the efficient subset of the undercore; hence, some but not all … length shrinks, any core profile can be achieved in a “twinkling of the eye” - neither real-time gradualism nor inefficiency …
Persistent link: https://www.econbiz.de/10005061920
profile can be approximately achieved if and only if it is in the core of the underlying coalitional game; and (iii) any …
Persistent link: https://www.econbiz.de/10005109620
conditions. They imply that any efficient profile that is approximately achievable must be in the core of the underlying … profile can be approximately achieved if and only if it is in the core; and (iii) any achievable profile can be achieved …
Persistent link: https://www.econbiz.de/10009143741
This paper deals with a a cooperative game theoretic analysis of the economics of international agreements on climate change. To cope with the question of the voluntary implementation of the international optimum, a financial transfer scheme is proposed under which no countries nor subgroup...
Persistent link: https://www.econbiz.de/10005043662
the intertemporal setting, and we discuss intertemporal extensions of the core and the Shapley value. We also discuss the …
Persistent link: https://www.econbiz.de/10005593093
) do not necessarily ensure stability in the sense of the core of a cooperative game: some nations and groups of nations … compute allocations of permits satisfying core constraints at each commitment period, while being as close as possible to any …
Persistent link: https://www.econbiz.de/10005042885
Persistent link: https://www.econbiz.de/10005132830
Persistent link: https://www.econbiz.de/10005537816