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Persistent link: https://www.econbiz.de/10010205325
This article shows that, for any transferable utility game in coalitional form with a nonempty coalition structure core, the number of steps required to switch from a payoff configuration out of the coalition structure core to a payoff configuration in the coalition structure core is less than...
Persistent link: https://www.econbiz.de/10010847829
This article shows that, for any transferable utility game in coalitional form with a nonempty coalition structure core, the number of steps required to switch from a payoff configuration out of the coalition structure core to a payoff configuration in the coalition structure core is less than...
Persistent link: https://www.econbiz.de/10010999836
For any transferable utility game in coalitional form with nonempty core, we show that that the number of blocks required to switch from an imputation out of the core to an imputation in the core is less than or equal to n(n-1)/2, where n is the cardinality of the player set. This number...
Persistent link: https://www.econbiz.de/10008694029
For cooperative games with transferable utilities (TU games) excess functions e : R2 ! R1 whose values e(x(S); v(S)); S N are relative negative utilities of coalitions S with respect to their payos x(S) = Pi2S xi are dened. The excess values for the class of two-person games are dened as those...
Persistent link: https://www.econbiz.de/10010717774
An axiomatic approach is developed to define the ”proportional excess” on the space of positively generated NTU games. This excess generalizes to NTU games the proportional TU excess v(S)/x(S). Five axioms are proposed, and it is shown that the proportional excess, which possess Kalai’s...
Persistent link: https://www.econbiz.de/10008794567
In cooperative games, the coalition structure core is, despite its potential emptiness, one of the most popular solutions. While it is a fundamentally static concept, the consideration of a sequential extension of the underlying dominance correspondence gave rise to a selection of non-empty...
Persistent link: https://www.econbiz.de/10012290325
In cooperative games, the coalition structure core is, despite its potential emptiness, one of the most popular solutions. While it is a fundamentally static concept, the consideration of a sequential extension of the underlying dominance correspondence gave rise to a selection of non-empty...
Persistent link: https://www.econbiz.de/10012226754
Power indices are mappings that quantify the influence of the members of a voting body on collective decisions a priori. Their nonlinearity and discontinuity makes it difficult to compute inverse images, i.e., to determine a voting system which induces a power distribution as close as possible...
Persistent link: https://www.econbiz.de/10010291806
We derive distributional effects for a non-cooperative alternative to the unitary model of household behaviour. We consider the Nash equilibria of a voluntary contributions to public goods game. Our main result is that, in general, the two partners either choose to contribute to different public...
Persistent link: https://www.econbiz.de/10010293065