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There is an extensive literature that studies situations of restricted cooperation in cooperative games. Myerson (1979) introduced communication graph games, where players can only cooperate if they are connected in an undirected graph representing the communication possibilities. The Myerson...
Persistent link: https://www.econbiz.de/10010491412
Recently, applications of cooperative game theory to economic allocation problems have gained popularity. In many of these problems, players are organized according to either a hierarchical structure or a levels structure that restrict players’ possibilities to cooperate. In this paper, we...
Persistent link: https://www.econbiz.de/10011753279
For joint liability problems concerning tort law, a legal compensation scheme may be based on lower and upper bounds of compensation for injury and on case-system consistency. Introducing several properties inspired from this observation, we analyze compensation schemes axiomatically under the...
Persistent link: https://www.econbiz.de/10011526119
How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with incomplete preferences?[...]
Persistent link: https://www.econbiz.de/10009022162
Using only ordinal axioms, we characterize several multigroup school segregationindices: the Atkinson Indices for the class of school districts with a given fixed numberof ethnic groups and the Mutual Information Index for the class of all districts.Properties of other school segregation indices...
Persistent link: https://www.econbiz.de/10009360707
This paper gives an axiomatic characterization of the Atkinson indices of segregationfor the multigroup case using a small number of purely ordinal axioms. We showthat the symmetric Atkinson index represents the unique ordering that treats ethnicgroups symmetrically, that is invariant to...
Persistent link: https://www.econbiz.de/10009360803
We generalize the stochastic revealed preference approach to consumers’ behavior introduced byBandyopadhyay, Dasgupta and Pattanaik (1999). We identify a restriction on stochastic demandbehavior that we term “Stochastic Substitutability” (SS)...
Persistent link: https://www.econbiz.de/10005869206
Persistent link: https://www.econbiz.de/10011428032
Recently, applications of cooperative game theory to economic allocation problems have gained popularity. In many of these problems, players are organized according to either a hierarchical structure or a levels structure that restrict players ́possibilities to cooperate. In this paper, we...
Persistent link: https://www.econbiz.de/10010532576
Persistent link: https://www.econbiz.de/10011280073