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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
In this paper, a design of strategies for players in pursuit-evasion games, is provided. The design incorporates players' preferences captured in their goal functions which are constructed using particular functional forms that include multiattribute copulas. The approach provides closed-form...
Persistent link: https://www.econbiz.de/10011011312
In this paper we study and compute E-points in an explicit way for a special kind of diagonal games with 3k + 1, 4k + 3 and sk + 1 players where 1 ≤ s ≤ k.
Persistent link: https://www.econbiz.de/10011011313
This is a brief survey describing some of the recent progress and open problems in the area of cooperative games with incomplete information. We discuss exchange economies, cooperative Bayesian games with orthogonal coalitions, and issues of cooperation in noncooperative Bayesian games.
Persistent link: https://www.econbiz.de/10011011314
In this paper, we give a historical overview of the transition from classical game theory to epistemic game theory. To that purpose we will discuss how important notions such as reasoning about the opponents, belief hierarchies, common belief, and the concept of common belief in rationality...
Persistent link: https://www.econbiz.de/10011011315
In this paper, we present a matching market in which an institution has to hire a set of pairs of complementary workers, and has a quota that is the maximum number of candidates pair positions to be filled. We define a stable solution and first show that in the unrestricted institution...
Persistent link: https://www.econbiz.de/10011011316
A value for games with a coalition structure is introduced, where the rules guiding cooperation among the members of the same coalition are different from the interaction rules among coalitions. In particular, players inside a coalition exhibit a greater degree of solidarity than they are...
Persistent link: https://www.econbiz.de/10011011317
A Lyapunov-like (linear) transformation L on a Euclidean Jordan algebra V is defined by the condition $$x \in K,\enspace y\in K^*,\quad \langle x,y\rangle =0\Rightarrow \langle L(x),y\rangle=0,$$where K is the symmetric cone of V. In this paper, we give an elementary proof (avoiding Lie...
Persistent link: https://www.econbiz.de/10011011318
This paper contains a survey of cooperative game theory applied to a sports environment. The variety of these applications serves us as a proof of the strength of cooperative game theory introducing successful strategies in sports and explaining the behavior of different actors.
Persistent link: https://www.econbiz.de/10011011319
In this paper, we analyze environmental regulation based on tradable emission permits in the presence of strategic interaction in an output market with differentiated products. We characterize firms' equilibrium behavior in the permits and in the output market and we show that both firms adopt...
Persistent link: https://www.econbiz.de/10011011320