Showing 1 - 10 of 88
We study the problem of an organization that has a large number of potential tasks and has to choose which tasks to handle and which pair of experts assign to each of them. We propose a mechanism that generates a Pareto-efficient assignment in the weak core and is group strategy-proof. The...
Persistent link: https://www.econbiz.de/10014261006
We propose a simple model in which agents are matched in pairs in order to complete a task of unit size. The preferences of agents are single-peaked and continuous on the amount of time they devote to it. Our model combines features of two models: assignment games (Shapley and Shubik (1971)) and...
Persistent link: https://www.econbiz.de/10014260993
When preferences are single-peaked (Black (1948),Black et al. (1958)) or group separable Ballester and Haeringer (2011), majority voting equilibria exist. Group separability has probably not received as much attention as single-peak separability because there are no intuitive assumptions about...
Persistent link: https://www.econbiz.de/10014346491
We propose a model of sharing of public services among local governments. Our model is an application of Nicolo et al. (2023) and combines features of two models: assignment games (Shapley and Shubik (1971)) and the division problem (Sprumont (1991)). We provide an algorithm (The Simple SAM)...
Persistent link: https://www.econbiz.de/10014346500
We study rotation programs within the standard implementation framework under complete information. A rotation program is a myopic stable set whose states are arranged circularly, and agents can effectively move only between two consecutive states. We provide characterizing conditions for the...
Persistent link: https://www.econbiz.de/10015263436
This paper examines capacity-constrained oligopoly pricing with sellers who seekmyopic improvements. We employ the Myopic Stable Set solution concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the...
Persistent link: https://www.econbiz.de/10015263465
Research on collusion in vertically differentiated markets is conducted under one or two potentially restrictive assumptions. Either there is a single industry-wide cartel or costs are assumed to be independent of quality or quantity. We explore the extent to which these assumptions are indeed...
Persistent link: https://www.econbiz.de/10015266114
We introduce a new solution concept for models of coalition formation, called the myopic stable set. The myopic stable set is defined for a very general class of social environments and allows for an infinite state space. We show that the myopic stable set exists and is non-empty. Under minor...
Persistent link: https://www.econbiz.de/10014120684
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set solution concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the...
Persistent link: https://www.econbiz.de/10014077949
We introduce a new solution concept for models of coalition formation, called the myopic stable set. The myopic stable set is defined for a very general class of social environments and allows for an infinite state space. We show that the myopic stable set exists and is non-empty. Under minor...
Persistent link: https://www.econbiz.de/10012965079