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The paper considers an extension of the original Shapley and Shubik (1972) two-sided matching problem to the case of multisided matching with transfereable utility. We investigate existence and properties of stable matchings using the approach of cooperative game theory.
Persistent link: https://www.econbiz.de/10005578966
distance of the linear space spanned by all games f o \mu, where \mu is a non-atomic, non-negative finitely additive measure of …
Persistent link: https://www.econbiz.de/10005585331
reputation, but the importance of the phenomena depends upon the communication structure. …
Persistent link: https://www.econbiz.de/10005618884
This paper examines the implementation of two public ownership solutions in convex production economies with differentiable production functions. The two public ownership solutions we focus on are the proportional and equal benefit solutions. Two "natural" mechanisms which doubly implement the...
Persistent link: https://www.econbiz.de/10005639264
We study endogenous coalition formation in contexts where individual (and group) payoffs depend on the entire coalition structure that might form. We capture potential interaction across coalitions by means of a partition function.
Persistent link: https://www.econbiz.de/10005640946
This paper examines the supernatural punishment theory. The theory postulates that religion increases cooperation because religious people fear the retributions that may follow if they do not follow the rules and norms provided by the religion. We report results for a public goods experiment...
Persistent link: https://www.econbiz.de/10005645258
This paper examines the supernatural punishment theory. The theory postulates that religion increases cooperation because religious people fear the retributions that may follow if they do not follow the rules and norms provided by the religion. We report results for a public goods experiment...
Persistent link: https://www.econbiz.de/10005645273
A special class of cooperative transferable-utility games where each agent faces an optimization problem constrained by … resources that can be pooled among coalition members, so-called production games, are here extended and applied in novel ways …
Persistent link: https://www.econbiz.de/10005647129
This paper examines the implementation of two public ownership solutions in convex production economies with differentiable production functions. The two public ownership solutions we focus on are the proportional and equal benefit solutions. Two "natural" mechanisms which doubly implement the...
Persistent link: https://www.econbiz.de/10008602869
This paper examines the implementation of various solutions in differentiable concave production economies with one privately owned input, one output, and publicly owned production technology. The public ownership solutions we focus on are the Proportional Solution (PS) and the Equal Benefit...
Persistent link: https://www.econbiz.de/10008602872