Showing 81 - 90 of 21,494
This paper is a survey of the work in the Nash program for coalitional games, a research agenda proposed by Nash (1953) to bridge the gap between the non-cooperative and cooperative approaches to game theory. (Copyright: Fundación SEPI)
Persistent link: https://www.econbiz.de/10005813655
In a correlated equilibrium, the players’ choice of actions is affected by random, correlated messages that they receive from an outside source, or mechanism. This allows for more equilibrium outcomes than without such messages (pure-strategy equilibrium) or with statistically independent ones...
Persistent link: https://www.econbiz.de/10008516091
is provided for subgame perfect equilibria. Finally, it is indicated how these results can be extended to implementation …
Persistent link: https://www.econbiz.de/10008543232
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10008493572
We study coalitional games where the proceeds from cooperation depend on the entire coalition structure. The coalition structure core (Kóczy, 2007) is a generalisation of the coalition structure core for such games. We introduce a noncooperative, sequential coalition formation model and show...
Persistent link: https://www.econbiz.de/10008502122
equilibrium. Finally, I provide a revelation principle for supermodular implementation in environments with general preferences. …
Persistent link: https://www.econbiz.de/10008478967
We show that an asymptotic envy-freeness is a necessary condition for a form of robust approximate implementation in …
Persistent link: https://www.econbiz.de/10005135032
Persistent link: https://www.econbiz.de/10005136845
bargain through some extensive game form. We take an implementation approach, characterizing the possible allocation rules …
Persistent link: https://www.econbiz.de/10005062338
We study coalitional games where the proceeds from cooperation depend on the entire coalition structure. The coalition structure core (Kóczy, GEB, 2007) is a generalisation of the coalition structure core for such games. We introduce a noncooperative, sequential coalition formation model and...
Persistent link: https://www.econbiz.de/10005103287