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In coalitional games with uncertain payoffs, a deviating coalition can only form expectations regarding its post-deviation payoff. Classical approaches address the problem from the side of conservatism, expecting the worst, or by explicit assumptions of the emerging state of the world. We borrow...
Persistent link: https://www.econbiz.de/10012016409
"externalities", the description of which requires partition function form (PFF) games. In this paper we propose a method to compute …
Persistent link: https://www.econbiz.de/10012016390
game theory ; partition function form games ; routing ; externalities …The purpose of this paper is to introduce a novel family of games related to congested networks. Traffic routing has … in the network, externalities may arise, thus the underlying games are given in partition function form. -- cooperative …
Persistent link: https://www.econbiz.de/10009719701
We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural …
Persistent link: https://www.econbiz.de/10010191642
operation of the network. As in the proposed model cooperation strongly affects routing dynamics of the network, externalities …Local routing protocols in scale free networks have been extensively studied. In this paper we consider a wireless … contextualization of this routing problem and analyze on the one hand how cooperation affects network efficiency, and on the other hand …
Persistent link: https://www.econbiz.de/10010367386
Recently, cooperative game theory has been applied to various economic allocation problems in which players are not fully anonymous but belong to some relational structure. One of the most developed models in this respect are communications situations or (symmetric) network situations in which...
Persistent link: https://www.econbiz.de/10011334335
In this paper we consider a natural generalization of standard tree games where the underlying structure is a directed acyclic graph. We analyze the properties of the game and illustrate its relation with other graph based cost games. We show that although the game is not convex its core is...
Persistent link: https://www.econbiz.de/10009773083
We suggest a full consolidation approach that takes into account the property rights structure whithin the subsidiaries, in particular, the majority requirements on restructurings. Our approach employs a property rights index based on cooperative game theory.
Persistent link: https://www.econbiz.de/10010239888
We study a one-period supply chain problem consisting of numerous suppliers delivering a homogenous good. Individual supply is uncertain and may exhibit dependencies with other suppliers as well as with the stochastic demand. Assuming that reliability of supply represents an economic value for...
Persistent link: https://www.econbiz.de/10011457022
We provide a new modus operandi for the computation of the nucleolus in cooperative games with transferable utility. Using the concept of dual game we extend the theory of characterization sets. Dually essential and dually saturated coalitions determine both the core and the nucleolus in...
Persistent link: https://www.econbiz.de/10010481785