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Persistent link: https://www.econbiz.de/10011091772
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The implications of assuming that it is commonly known that players consider only admissible best responses are investigated.Within a states-of-the-world model where a state, for each player, determines a strategy set rather than a strategy the concept of fully permissible sets is...
Persistent link: https://www.econbiz.de/10011091831
In this paper we construct sets of marginal vectors of a TU game with the property that if the marginal vectors from these sets are core elements, then the game is convex.This approach leads to new upperbounds on the number of marginal vectors needed to characterize convexity.An other result is...
Persistent link: https://www.econbiz.de/10011091846
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This paper considers one machine job scheduling situations or sequencing problems, where clients can have more than a single job to be processed in order to get a final output.Moreover, a job can be of interest for different players. This means that one of the main assumptions in classic...
Persistent link: https://www.econbiz.de/10011091902
The identification of key players in a terrorist network can lead to prevention of attacks, due to efficient allocation of surveillance means or isolation of key players in order to destabilize the network. In this paper we introduce a game theoretic approach to identify key players in terrorist...
Persistent link: https://www.econbiz.de/10011091910
The object of study is cooperation in joint projects, where agents may have different desired sophistication levels for the project, and where some of the agents may have low budgets.In this context questions concerning the optimal realizable sophistication level and the distribution of the...
Persistent link: https://www.econbiz.de/10011091928
This article presents a generalization of the equilibrium analysis for the simple two-player poker game with alternate bidding of Von Neumann and Morgenstern.It approximates optimal play for this game if it is played with a regular deck of 52 cards and it discusses some strategic insights.In...
Persistent link: https://www.econbiz.de/10011091956
We consider the problem of control of access to a firm's productive asset, embedding the decision makers into a structure of formal authority relationships.Within such a structure, decision makers act as principal to some decision makers, while they act as agent to other decision makers.We study...
Persistent link: https://www.econbiz.de/10011091965