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Suppose we randomly pull two agents from a population and ask them to observe an unfolding, infinite sequence of zeros and ones. If each agent starts with a prior belief about the true sequence and updates this belief on revelation of successive observations, what is the chance that the two...
Persistent link: https://www.econbiz.de/10014104915
, hypergraphs, coherent structures, Sperner families, clutters, secret sharing and simple games or binary voting systems. The paper …
Persistent link: https://www.econbiz.de/10014129012
, the myopic stable set is a superset of the core and of the set of pure strategy Nash equilibria in noncooperative games … myopic stable set coincides with the coalition structure core in coalition function form games if the coalition structure … supermodular games, finite potential games, and aggregative games. We illustrate the versatility of our concept by characterizing …
Persistent link: https://www.econbiz.de/10014120684
The Coleman Power of the Collectivity to Act (CPCA) is a popular statistic that reflects the ability of a committee to pass a proposal. Applying the Shapley value to this measure, we derive a new power index that indicates each voter's contribution to the CPCA. This index is characterized by...
Persistent link: https://www.econbiz.de/10014114088
Group tasks are often organized by a list: group members state their willingness to contribute by entering their names on a publicly visible, empty list. Alternatively, one could organize the group task by starting with a full list: every group member is already entered on the list and...
Persistent link: https://www.econbiz.de/10014117210
a semi-infinite linear program. Related to this program, we introduce primal and dual games and study relations between … these games, the cores of these games and the so-called Owen set …
Persistent link: https://www.econbiz.de/10014143770
The identification of key players in a terrorist network can lead to prevention of attacks, due to efficient allocation of surveillance means or isolation of key players in order to destabilize the network. In this paper we introduce a game theoretic approach to identify key players in terrorist...
Persistent link: https://www.econbiz.de/10014177191
We study transferable utility games with limited cooperation between the agents. The focus is on communication … of all those marginal vectors and the solution. An axiomatization of the solution on the class of circular graph games is …
Persistent link: https://www.econbiz.de/10014177966
The literature of welfare-maximising greenhouse gas emission reduction strategies pays remarkably little attention to equity. This paper introduces three ways to consider efficiency and equity simultaneously. The first method, inspired by Kant and Rawls, maximises net present welfare, without...
Persistent link: https://www.econbiz.de/10014172882
This paper shows how (re)insurance problems can be modeled as cooperative games with stochastic payoffs. It determines …
Persistent link: https://www.econbiz.de/10014173231