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v with pu+pv<w(uv). By pinpointing a relationship to the accessibility of the coalition structure core of matching games … is to find a stable solution. A solution is a matching M with a vector p.RV that satisfies pu+pv=w(uv) for all uv.M and … blocking value, respectively, are NP-complete. Finally, we prove that the first problem is NP-complete also when a matching is …
Persistent link: https://www.econbiz.de/10010494512
This paper introduces a class of endogenously proportional bargaining solutions. These solutions are independent of the class of Directional solutions, which Chun and Thomson (1990a) proposed to generalize (exogenously) proportional solutions of Kalai (1977). Endogenously proportional solutions...
Persistent link: https://www.econbiz.de/10010500229
We consider the problem of axiomatizing the Shapley value on the class of assignment games. We first show that several axiomatizations of the Shapley value on the class of all TU-games do not characterize this solution on the class of assignment games by providing alternative solutions that...
Persistent link: https://www.econbiz.de/10014040150
Experiments evaluate the fit of the Shapley-Shubik Power Index to a controlled human environment. Subjects with differing votes divide a fixed purse by majority rule in online chat rooms under supervision. Earnings serve as a measure of power. Chat rooms and processes for selecting subjects...
Persistent link: https://www.econbiz.de/10014222269
Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is described by a set a parameters λ that may affect agents' preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an agreement is...
Persistent link: https://www.econbiz.de/10014058235
Persistent link: https://www.econbiz.de/10012907400
This chapter surveys a class of solution concepts for n -person games without transferable utility — NTU games for short — that are based on varying notions of “fair division”. An NTU game is a specification of payoffs attainable by members of each coalition through some joint course of...
Persistent link: https://www.econbiz.de/10014024490
This paper introduces a class of endogenously proportional bargaining solutions. These solutions are independent of the class of Directional solutions, which Chun and Thomson (1990a) proposed to generalize (exogenously) proportional solutions of Kalai (1977). Endogenously proportional solutions...
Persistent link: https://www.econbiz.de/10009656696
Persistent link: https://www.econbiz.de/10009722981
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10008737140