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the various concepts of coalitional stability, such as internal and external stability and far-sighted stability in the …
Persistent link: https://www.econbiz.de/10010883245
This survey deals with two-sided matching markets where one set of agents (workers/residents) has to be matched with another set of agents (firms/hospitals). We first give a short overview of a selection of classical results. Then, we review recent contributions to a complex and representative...
Persistent link: https://www.econbiz.de/10011011309
producers adopt one of the two alternate production and marketing technologies — efficient and inefficient. We examine stability … equilibrium coalition forms, and (iii) stability of coalitions. They highlight the dynamics between the number of coalition …, and the coalition stability related conditions need not imply better profitability for one type of producer vis-à-vis the …
Persistent link: https://www.econbiz.de/10011279154
quality of a coalition structure is evaluated according to its stability. We review various definitions of stability and … restrictions of preferences ensuring the existence of a partition stable with respect to a particular stability definition. Further …
Persistent link: https://www.econbiz.de/10005081059
In this note we present an example of a TU game where both the value presented by Aumann and Drèze (1974) and the value introduced by Wiese (2007) do not exhibit a stable coalition structure.
Persistent link: https://www.econbiz.de/10008725912
We study employment by lotto (Aldershof et al., 1999), a procedurally fair matching algorithm for the so-called stable marriage problem. We complement Aldershof et al.'s (1999) analysis in two ways. First, we give an alternative and intuitive description of employment by lotto in terms of a...
Persistent link: https://www.econbiz.de/10008493092
formation games. We propose a stability concept for a coalition structure, called sequentially stability, when only bilateral … sequential stability of the grand coalition structure as well as sufficient conditions for which the efficient grand coalition …
Persistent link: https://www.econbiz.de/10010765576
We model a simple dynamic process in which myopic agents are matched amongst each other to play a coordination game. The network of player interaction is varied between a regular lattice and a random network allowing us to model contagion in small world networks. Weighting times for an...
Persistent link: https://www.econbiz.de/10005047556
I study the robustness of Rubinstein's (1989) E-Mail Game results by varying the information that players can utilize. The article follows one of Morris' (2002) reactions to the E-Mail game "that one should try to come up with a model of boundedly rational behavior that delivers predictions that...
Persistent link: https://www.econbiz.de/10005081017
Determining the productivity of individual workers engaged in team production is difficult. Monitoring expenses may be high, or the observable output of the entire team may be some single product. One way to collect information about individual productivity is to observe how total output changes...
Persistent link: https://www.econbiz.de/10005081021