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Political coalition formation games can describe the formation and dissolution of nations, as well as the creation of … coalition governments, the establishment of political parties, and other similar phenomena. These games have been studied from a …
Persistent link: https://www.econbiz.de/10005574180
In this paper we consider multicriteria interval games. The importance of multiobjectives follows from applications to … real world. We consider interval valued games and extend some classical solutions for cooperative games to this new class …
Persistent link: https://www.econbiz.de/10008557110
We propose a new, easy-to-implement class of payment rules, "Reference Rules" to make core-selecting package auctions more robust. Small, almost-riskless, profitable deviations from "truthful bidding" are often easy for bidders to find under currently used payment rules. Reference Rules perform...
Persistent link: https://www.econbiz.de/10008557164
A community faces the obligation of providing an indivisible public good. Each member is capable of providing it at a certain cost and the solution is to rely on the player who can do it at the lowest cost. It is then natural that he or she be compensated by the other players. The question is to...
Persistent link: https://www.econbiz.de/10008642230
We consider repeated games with transferable utility: players have an endowment of wealth in each period in which …
Persistent link: https://www.econbiz.de/10005113831
transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU … polynomial time algorithm for computing the nucleolus of the restricted games corresponding to a class of games with permission …
Persistent link: https://www.econbiz.de/10011256279
various models of games with restricted cooperation can be found. In those models, instead of allowing for all subsets of the … unique directed path from the top player to this player. We introduce a new solution for these games based on the idea of the … Average Tree value for cycle-free communication graph games. We provide two axiomatizations for this new value and compare it …
Persistent link: https://www.econbiz.de/10011256309
redefining corresponding NTU-bankruptcy games in a tailor-made way. It is shown that NTU-bankruptcy games are both coalitional … (TU) games to NTU-games, we also show that each NTU-bankruptcy game is compromise stable. Thus, NTU-bankruptcy games are … shown to retain the two characterizing properties of TU-bankruptcy games: convexity and compromise stability. As a first …
Persistent link: https://www.econbiz.de/10011256320
In this paper we establish a relationship between the core cover of a compromise admissiblegame and the core of a particular bankruptcy game: the core cover of a compromiseadmissible game is, indeed, a translation of the set of coalitional stable allocations capturedby an associated bankruptcy...
Persistent link: https://www.econbiz.de/10011256360
In this paper we study cooperative games with limited cooperation possibilities, represented by an undirected cycle …
Persistent link: https://www.econbiz.de/10011256394