Showing 31 - 40 of 20,534
This paper establishes a B-core existence result for normal form TU games. …
Persistent link: https://www.econbiz.de/10008602875
The equivalence of markets and games concerns the relationship between two sorts of structures that appear … fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from markets with … concave utility functions generate totally balanced games where the players in the game are the participants in the economy …
Persistent link: https://www.econbiz.de/10008624634
turn works out for games, drawing on some recent advances in the literature. Our key examples are the long-term dynamics of …
Persistent link: https://www.econbiz.de/10008838860
them today. Along with about 80 articles, Mertens's topics go from the formulation of Bayesian decision making in games … others, the selection of Nash equilibria in noncooperative games, the existence of solutions for stochastic games and the … extension of the Shapley value in cooperative games with infinitely many negligible agents. …
Persistent link: https://www.econbiz.de/10011074149
Multiglove markets and corresponding games are considered.For this class of games we introduce the notion of type ….These allocation rules generate type monotonic allocation schemes for multiglove games and are also helpful in proving that each core … monotonic allocation scheme with nice extra properties.The same holds true for the nucleolus, for in multi glove games these two …
Persistent link: https://www.econbiz.de/10011092767
coincide with the T value of two corresponding TU games.We apply our solutions to a real-life case of allocating university …
Persistent link: https://www.econbiz.de/10011092855
The possibility of cooperation in a repeated prisoner's dilemma without memory is investigated in an evolutionary framework where 1) some agents ('Vulcans') are morally commited to cooperation, 2) some others ('Klingons') are not commited at all, and 3) there is random matching.
Persistent link: https://www.econbiz.de/10005625612
Persistent link: https://www.econbiz.de/10005631319
In the problems of choosing "aspirations" for coalitional games,we study two axioms, "MW-consistency" and "converse MW …-consistency ", introduced by Moldovanu and Winter (1994). We mainly consider two domains: thedomain of all NTU games and the domain of all TU … games. …
Persistent link: https://www.econbiz.de/10005634198
Persistent link: https://www.econbiz.de/10005474454