Showing 51 - 60 of 621
This paper analyses the role of transfer payments and strategic con tracting within two-person strategic form games with monetary pay-offs. First, it introduces the notion of transfer equilibrium as a strategy combination for which individual stability can be supported by allowing the...
Persistent link: https://www.econbiz.de/10012729927
A symmetric network consists of a set of positions and a set of bilateral links between these positions. Examples of such networks are exchange networks, communication networks, disease transmission networks, control networks etc. For every symmetric network we define a cooperative transferable...
Persistent link: https://www.econbiz.de/10012736327
In this paper, we introduce a new family of compromise solutions for the class of compromise admissible games. These solutions extend bankruptcy rules. In particular, we show that the compromise extension of the run-to-the-bank rule coincides with the barycentre of the core cover and...
Persistent link: https://www.econbiz.de/10012738164
In this paper, we propose a new extension of the run-to-the-bank rule for bankruptcy situations to the class of multi-issue allocation situations. We show that this rule always yields a core element and that it satisfies self-duality. We characterize our rule by means of a new consistency...
Persistent link: https://www.econbiz.de/10012738214
This paper deals with bankruptcy situations in which, in addition to the claims, an exogenously given reference point for the allocation of the estate is present. We introduce and analyse two types of compromise solutions and show that they coincide with the T value of two corresponding TU...
Persistent link: https://www.econbiz.de/10012738223
This paper studies egalitarianism in the context of nontransferable utility games by introducing and analyzing the egalitarian value. This new solution concept is based on an egalitarian negotiation procedure in which egalitarian opportunities of coalitions are explicitly taken into account. We...
Persistent link: https://www.econbiz.de/10012957744
Using network control structures this paper introduces network communication games as a generalization of vertex games and edge games corresponding to communication situations and studies their decomposition into unanimity games. We obtain a relation between the dividends of the network...
Persistent link: https://www.econbiz.de/10013010479
The concept of Berge equilibria is based on supportive behavior among the players: each player is supported by the group of all other players. In this paper, we extend this concept by maintaining the idea of supportive behavior among the players, but eliminating the underlying coordination...
Persistent link: https://www.econbiz.de/10012852592
Persistent link: https://www.econbiz.de/10010205333
Persistent link: https://www.econbiz.de/10009541348