Showing 1 - 10 of 105,936
existence of the core, which is a fundamental concept in cooperative game theory, affects coalition formation, and we examine … induces the formation of the grand coalition. Second, resulting allocations are frequently in the core when it exists and are … of the equal division core mostly arise due to ignorance of domination via coalition BC, which is the lowest-value two …
Persistent link: https://www.econbiz.de/10014241367
through a laboratory experiment. In the experiment, three subjects in a group bargain with each other over both coalition … coalition. Third, the resulting payoff allocations are frequently in the core when it exists and are at least in the equal …Cooperative game theory addresses two problems: coalition formation and payoff distribution. To focus on the payoff …
Persistent link: https://www.econbiz.de/10013296582
Persistent link: https://www.econbiz.de/10015418050
Persistent link: https://www.econbiz.de/10009793162
the average rankings of the other types of groups. We show that a core stable coalition structure always exists, provided …We consider three-sided coalition formation problems when each agent is concerned about his local status as measured by …
Persistent link: https://www.econbiz.de/10009751376
Persistent link: https://www.econbiz.de/10011350040
This paper associates a strategic n-person game with a given transferable utility game and studies its Nash equilibria. Strict equilibria in this model characterize those divisions of social surplus that can become conventions in the sense of Young (1993). It is shown that even in relatively...
Persistent link: https://www.econbiz.de/10011342576
coalition forms without delay in equilibrium, expected payoffs must be in the core of the characteristic function game that …This paper studies an extensive form game of coalition formation with random proposers in games with externalities. It … strong condition, the equilibrium coalition structure is not necessarily efficient. There may be multiple equilibria even in …
Persistent link: https://www.econbiz.de/10012650908
We study linearly weighted versions of the least core and the (pre)nucleolus and investigatethe reduction possibilities … dual game. Our main results imply, for example, that if the core of the game is not empty, all dually inessential … core and the per-capita (pre)nucleolus from the dual game. This could lead to the design of polynomial time algorithms for …
Persistent link: https://www.econbiz.de/10012016477
Persistent link: https://www.econbiz.de/10001614819