Showing 1 - 10 of 27
In this paper, we study a two-stage location-then-price game where consumers are distributed piecewise uniformly, each piece being referred to as an interval.Although the firms face a coordination problem, it is obvious that, for any given locations and prices, there is a unique indifferent...
Persistent link: https://www.econbiz.de/10011086773
In this paper we consider open-loop Nash equilibria of the linear-quadratic differential game.As well the finite-planning-horizon, the infinite-planning horizon as convergence properties of the finite-planning-horizon equilibrium if the planning horizon is extended to infinity are...
Persistent link: https://www.econbiz.de/10011086798
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AMS classification: 90D12
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This note characterizes ordinal potential games by the absence of weak improvement cycles and an order condition on the strategy space.This order condition is automatically satisfied if the strategy space is countable.
Persistent link: https://www.econbiz.de/10011086827
A multi-choice game is a generalization of a cooperative game in which each player has several activity levels.This note provides several characterizations of the extended Shapley value as proposed by Derks and Peters (1993).Three characterizations are based on balanced contributions properties,...
Persistent link: https://www.econbiz.de/10011086849
AMS classification: 90D12
Persistent link: https://www.econbiz.de/10011086852
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In this paper we study the formation of cooperation structures in superadditive cooperative TU-games.Cooperation structures are represented by hypergraphs.The formation process is modelled as a game in strategic form, where the payoffs are determined according to a weighted (extended) Myerson...
Persistent link: https://www.econbiz.de/10011086879
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