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The purpose of this paper is to introduce a novel family of games related to congested networks. Traffic routing has … in the network, externalities may arise, thus the underlying games are given in partition function form. …
Persistent link: https://www.econbiz.de/10010494546
and consumption. We study the game of balancing group formation and show that the game contains widespread externalities …
Persistent link: https://www.econbiz.de/10010494487
and consumption. We study the game of balancing group formation and show that the game contains widespread externalities …
Persistent link: https://www.econbiz.de/10009195311
Persistent link: https://www.econbiz.de/10011597851
In coalitional games with uncertain payoffs, a deviating coalition can only form expectations regarding its post-deviation payoff. Classical approaches address the problem from the side of conservatism, expecting the worst, or by explicit assumptions of the emerging state of the world. We borrow...
Persistent link: https://www.econbiz.de/10012290287
In coalitional games with uncertain payoffs, a deviating coalition can only form expectations regarding its post-deviation payoff. Classical approaches address the problem from the side of conservatism, expecting the worst, or by explicit assumptions of the emerging state of the world. We borrow...
Persistent link: https://www.econbiz.de/10012016409
"externalities", the description of which requires partition function form (PFF) games. In this paper we propose a method to compute …
Persistent link: https://www.econbiz.de/10012016390
We consider a situation in which members of an oligopoly have different technologies, which allow them to produce at different costs. Members may license their technology to other members. Using the Aumann-Drèze modification of the Shapley value, we compute fair prices for these licenses. We...
Persistent link: https://www.econbiz.de/10009293463
"externalities", the description of which requires partition function form (PFF) games. In this paper we propose a method to compute …
Persistent link: https://www.econbiz.de/10012290285
We consider environments in which agents can cooperate on multiple issues and externalities are present both within and … across issues. We propose a way to extend (Shapley) values that have been put forward to deal with externalities within … issues to games where there are externalities within and across issues. We characterize our proposal through axioms that …
Persistent link: https://www.econbiz.de/10010547233