Showing 21 - 30 of 20,340
A cooperative TU game is said to posses a large core as defined by Sharkey [1982] if for every acceptable vector there is a smaller core vector in the game. This paper is devoted to characterization(s) of largeness of the core of a subclass of games known as k-convex games (containing the convex...
Persistent link: https://www.econbiz.de/10010883243
In context of the traditional Spence signaling model, the realization of a separating equilibrium ensures that each worker is allocated to the sector of the economy where they are most productive. Traditional analysis assumes, however, that the incremental returns to labor employment are...
Persistent link: https://www.econbiz.de/10010883244
This paper reviews the game-theoretic literature on collaborative environmental management. It begins with a survey of static models of international environmental agreements (IEAs), comparing their underlying assumptions and their results. Extensions of the basic model to allow for both...
Persistent link: https://www.econbiz.de/10010883245
A group of agents have claims on a resource, but there is not enough of the resource to honor all of the claims. How should it be divided? We survey the recent game theoretic approaches that have been followed in solving such "claims problems".
Persistent link: https://www.econbiz.de/10010883246
The aim of this paper is to analyze the interconnections between employment and unionization. We will also see how unemployment benefits drive the interplay of employment and unionization. The basic input into our model stems from cooperative game theory. Building on the Shapley value, several...
Persistent link: https://www.econbiz.de/10010883247
We address quality control of products undergoing multiple transshipment stages handled by different parties. Depending on the transportation modes, the stages may expose the products to hostile environments, such as extreme temperatures, which could influence quality. We incorporate the effect...
Persistent link: https://www.econbiz.de/10010883248
uncountable infinite strategy space. Under some concavity/convexity assumptions they are shown to possess ε-equilibria (equilibria …) in strategies with supports consisting of at most two points of the players' pure strategy spaces. Further the games …
Persistent link: https://www.econbiz.de/10011011308
This survey deals with two-sided matching markets where one set of agents (workers/residents) has to be matched with another set of agents (firms/hospitals). We first give a short overview of a selection of classical results. Then, we review recent contributions to a complex and representative...
Persistent link: https://www.econbiz.de/10011011309
Considered here is direct exchange of production allowances or input factors. Motivated by practical modeling and compution, we suppose every owner or user of such items has a linear technology. The issue is whether competitive market equilibrium can be reached merely via iterated bilateral...
Persistent link: https://www.econbiz.de/10011011310
The fertile application of cooperative game techniques to cost sharing problems on networks has so far concentrated on the Stand Alone core test of fairness and/or stability, and ignored many combinatorial optimization problems where this core can be empty. I submit there is much room for an...
Persistent link: https://www.econbiz.de/10011011311