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A review of cooperative rules and their associated algorithms for minimum-cost spanning tree problems
Bergantiños, Gustavo; Vidal-Puga, Juan J. - In: SERIEs - Journal of the Spanish Economic Association 12 (2021) 1, pp. 73-100
Minimum-cost spanning tree problems are well-known problems in the operations research literature. Some agents, located at different geographical places, want a service provided by a common supplier. Agents will be served through costly connections. Some part of the literature has focused,...
Persistent link: https://www.econbiz.de/10014496126
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Core stability and core selection in a decentralized labor matching market
Nax, Heinrich H.; Pradelski, Bary S. R. - In: Games 7 (2016) 2, pp. 1-16
are currently employed/unemployed. We show that such a process is absorbed into the core with probability one in finite … time. Moreover, within the core, allocations are selected that are characterized by surplus splitting according to a …
Persistent link: https://www.econbiz.de/10011709879
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Achievable outcomes of dynamic contribution games
Matthews, Steven A. - In: Theoretical Economics 8 (2013) 2, pp. 365-403
general conditions. They imply that any efficient profile that is approximately achievable must be in the core of the …) an efficient profile can be approximately achieved if and only if it is in the core; and (iii) any achievable profile can …
Persistent link: https://www.econbiz.de/10011599486
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Negotiation across multiple issues
Persitz, Dotan; Gayer, Gabrielle - In: Theoretical Economics 11 (2016) 3, pp. 937-969
problem, termed the multi-core, wherein an agent consents to participate in the grand coalition if she can envision a … cooperating with the grand coalition rather than operating alone. An allocation is in the multi-core if all agents consent to … participate in the grand coalition. We provide a theorem characterizing the non-emptiness of the multi-core and show that the …
Persistent link: https://www.econbiz.de/10011599589
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Cooperative strategic games
Kohlberg, Elon; Neyman, Abraham - In: Theoretical Economics 16 (2021) 3, pp. 825-851
The value is a solution concept for n-person strategic games, developed by Nash, Shapley, and Harsanyi. The value of a game is an a priori evaluation of the economic worth of the position of each player, reflecting the players' strategic possibilities, including their ability to make threats...
Persistent link: https://www.econbiz.de/10013189026
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Reglas igualitarias para los problemas de reparto con referencias múltiples
Sánchez, Francisca J. - In: Revista de Métodos Cuantitativos para la Economía y … 22 (2016), pp. 250-262
We consider the division problems in which a resource must be distributed considering agents' references. We analize this problems in a multidimensional context, we consider that agents have multiple references. For division of the amount available in these situations, we design rules that take...
Persistent link: https://www.econbiz.de/10011787600
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Parliamentary coalitions, an n-person game approach to politics
Fountas, Ioannis E.; Kampisioulis, Panagiotis K.; … - In: SPOUDAI - Journal of Economics and Business 62 (2012) 3/4, pp. 16-29
In this paper, we present the general contribution of n-person game in turbulent environment of parliamentary coalitions. Same basic data about the coalition form and the characteristic function is necessary in order to connect n-person game theory and behavioral game theory. Taking the Norway...
Persistent link: https://www.econbiz.de/10010343122
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Gaming for introducing social challenges and responsibility to young people
Perko, Igor; Mendiwelso-Bendek, Zoraida - In: Naše gospodarstvo / Our Economy 64 (2018) 4, pp. 34-48
Gaming has the potential to support the development of young people's capabilities in social responsibility (SR) and, at the same time, represents a threat of developing undesired behaviour patterns. Successful integration of gaming in the lives of young people requires a systemic approach,...
Persistent link: https://www.econbiz.de/10012117615
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Equilibrium coalitional behavior
Kimya, Mert - In: Theoretical Economics 15 (2020) 2, pp. 669-714
I develop two related solution concepts, equilibrium coalitional behavior and credible equilibrium coalitional behavior, which capture foresight and impose the requirement that each coalition in a sequence of coalitional moves chooses optimally among all its available options. The model does not...
Persistent link: https://www.econbiz.de/10013189002
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Competition dynamics in Nigerian aviation industry: A game theoretic approach
Shobande, Olatunji Abdul; Akinbomi, Mobolaji Daniel - In: Future Business Journal 6 (2020) 1, pp. 1-8
Background: This paper develops a game theoretic model that analyses the dynamics of competition among the leading domestic aviation firms in the Nigerian aviation industry. It probes the abilities of the prisoner dilemma to describe the subjective behaviour of the firms, which provide a...
Persistent link: https://www.econbiz.de/10012664324