Showing 141 - 150 of 213
As is known, there is no rule satisfying Adittivity on the complete domain of bankruptcy problems. This paper explores some Partial-Adittivity properties in this context. We determine that Adittivity restricted to bankruptcy problems which in some way keep the conflictivity of the creditors'...
Persistent link: https://www.econbiz.de/10014210329
We consider rent seeking contests between at least two agents who might value the prize differently. We capture a wide range of institutional aspects of contests by analyzing a class of contest success functions fulfilling several properties. The main properties are anonymity and a condition on...
Persistent link: https://www.econbiz.de/10008522569
Persistent link: https://www.econbiz.de/10005178675
We analyze (non-deterministic) contests with anonymous contest success functions. There is no restriction on the number of contestants or on their valuations for the prize. We provide intuitive and easily verifiable conditions for the existence of an equilibrium with properties similar to the...
Persistent link: https://www.econbiz.de/10005731259
This paper analyzes the possibility of irnplementing stable outcomes for marriage markets. Our first result shows a contradiction between the use of stable mechanisins and the hypotesis of agents' behaviour consiclered in the Nash equilibriurn concept . We analyze the possibility of...
Persistent link: https://www.econbiz.de/10005731341
This paper follows the interpretation of the bankruptcy problems in terms of TU games given in O'Neill (1982). In this context we propose the analysis of the Transition Game associated to each bankruptcy problem. We explore an old solution described by Ibn Ezra in the XII century. Firstly, we...
Persistent link: https://www.econbiz.de/10005731352
This paper examines a situation in which the production activities of different agents, in a common geographical location, create waste products that are either of a similar biological or chemical composition or offer commercially compatible combinations. What we propose here, therefore, is a...
Persistent link: https://www.econbiz.de/10005731381
Two stability concepts for one-sided matching markets are analyzed: Gale- Chapley stability and S-stability. The first one applies best to markets were no status quo allocation is considered, whereas the second one is a solution to be used when property rights are allowed. A common problem of...
Persistent link: https://www.econbiz.de/10005731393
Persistent link: https://www.econbiz.de/10005596406
This paper explores the existence of stable research teams, when each agent's preferences depend on the set of researchers collaborating with her. We introduce a property over researchers' preferences, called tops responsiveness guaranteeing the existence of stable research teams configurations....
Persistent link: https://www.econbiz.de/10005650012