Showing 1 - 10 of 19,566
structure core there exists a finite sequence of successively dominating outcomes that terminates in the coalition structure … core. In order to obtain this result a restrictive dominance relation-which we call enforceable dominance-is employed …
Persistent link: https://www.econbiz.de/10014124612
, hence agreements must be stable against both types of deviations. The appropriate extension of the classicakl core concept …, the Sustainable Core, is defined for this new setup to test the stability of allocations in such a complex environment. A … achieved by choosing an element in the Sustainable Core. …
Persistent link: https://www.econbiz.de/10010494526
are currently employed/unemployed. We show that such a process is absorbed into the core with probability one in finite … time. Moreover, within the core, allocations are selected that are characterized by surplus splitting according to a …
Persistent link: https://www.econbiz.de/10011453256
games with non-empty cores this means that the core can be reached via a bounded sequence of blocks. …
Persistent link: https://www.econbiz.de/10011560695
-proof equilibrium, core, kernel, nucleolus. We discuss the following applications of the new game: cooperation as an allocation in one …
Persistent link: https://www.econbiz.de/10012957415
Why do coalitions of people or firms stay intact overtime in some situations, while in other situations the size and members of the coalitions change frequently? This paper develops a framework based on dynamic hedonic games, a special class of cooperative games, to find conditions for the...
Persistent link: https://www.econbiz.de/10013213368
This paper analyses a model of legislative bargaining in which parties form tentative coalitions (protocoalitions) before deciding on the allocation of a resource. Protocoalitions may fail to reach an agreement, in which case they may be dissolved (breakdown) and a new protocoalition may form....
Persistent link: https://www.econbiz.de/10011265463
This is a survey and discussion of work covering both formal game theory and experimental gaming prior to 1991. It is a useful preliminary introduction to the considerable change and emphasis which has taken place since that time where dynamics, learning, and local optimization have challenged...
Persistent link: https://www.econbiz.de/10014024483
In Hart and Kurz (1983), stability and formation of coalition structures has been investigated in a noncooperative framework in which the strategy of each player is the coalition he wishes to join. However, given a strategy profile, the coalition structure formed is not unequivocally determined....
Persistent link: https://www.econbiz.de/10005668413
absorbing state to the core, and equilibrium PCFs with multiple absorbing states to the largest consistent set.In addition, we …
Persistent link: https://www.econbiz.de/10004970570