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COMPARATIVE STATICS AND LAWS OF SCARCITY FOR GAMES

Kovalenkov, Alexander; Wooders, Myrna - Department of Economics, University of Warwick - 2004

games. Furthermore, we demonstrate conditions under which all payoffs in the core of any game in a parametized collection … have an equal treatment property and show that equal treatment core payoff vectors satisfy a condition of cyclic … of approximate core payoff vectors from satisfying a law of scarcity are stated in terms of the parameters describing the …

Persistent link: https://www.econbiz.de/10005747035

Merging and Splitting in Cooperative Games: Some (Im-)Possibility Results

Knudsen, Peter Holch; Østerdal, Lars Peter - Økonomisk Institut, Københavns Universitet - 2005

-)possibility results concerning merging- or splitting-proofness of core solutions of balanced and convex games. …

Persistent link: https://www.econbiz.de/10005749565

Coalitional Bayesian Nash implementation in differential information economies

Yannelis, Nicholas C.; Hahn, Guangsug - In: Economic Theory 18 (2001) 2, pp. 485-509

main result, we show that the private core and the private Shapley value of an economy with differential information are …

Persistent link: https://www.econbiz.de/10005753202

Sequencing Games without Initial Order

Klijn, Flip; Estela S?chez - Departament d'Economia i Història Econòmica, … - 2004

order is specified. We associate cooperative games with these sequencing situations, study their core, and provide links …

Persistent link: https://www.econbiz.de/10005582602

Dynamic Cooperative Games

Kranich, Laurence; Perea, Andres; Peters, Hans - University at Albany, SUNY, Department of Economics - 2000

the intertemporal setting, and we discuss intertemporal extensions of the core and the Shapley value. We also discuss the …

Persistent link: https://www.econbiz.de/10005593093

Games of Connectivity

Dubey, Pradeep; Garg, Rahul - Cowles Foundation for Research in Economics, Yale University - 2006

We consider a communications network in which users transmit beneficial information to each other at a cost. We pinpoint conditions under which the induced cooperative game is supermodular (convex). Our analysis is in a lattice-theoretic framework, which is at once simple and able to encompass a...

Persistent link: https://www.econbiz.de/10005593347

A Refined Bargaining Set of an n-Person Game and Endogenous Coalition Formation

Zhou, Lin - Cowles Foundation for Research in Economics, Yale University - 1991

The two most fundamental questions in cooperative game theory are: When a game is played, what coalitions will be formed and what payoff vectors will be chosen? No previous solution concepts or theories in the literature provide satisfactory answers to both questions; answers are especially...

Persistent link: https://www.econbiz.de/10005593467

Games with Many Players and Abstract Economies Permitting Differentiated Commodities, Clubs, and Public Goods

Wooders, Myrna - Vanderbilt University Department of Economics - 2008

In a seminal paper relating economic and game theoretic structures, Shapley and Shubik (1969) demonstrate that a game is a market game -- that is, a game derived from a finite-dimensional private goods exchange economy where all participants have continuous, concave utility functions. In this...

Persistent link: https://www.econbiz.de/10005595931

Ex ante contracting with endogenously determined communication plans

Yazar, Jülide - In: Economic Theory 18 (2001) 2, pp. 439-450

communication plans and establish the existence of core strategies for this cooperative game under various regularity conditions. …

Persistent link: https://www.econbiz.de/10005597875

Efficiency of uniform standards for transboundary pollution problems : a note.

Bayramoglu, Basak; Jacques, Jean-François - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2007

This note proposes an example which contradicts the idea that similar countries will negotiate an agreement on a uniform standard. It shows that strictly identical countries may have an interest in reducing their emissions differently, and not in a uniform way. This result relies on the...

Persistent link: https://www.econbiz.de/10005696769