Showing 41 - 50 of 3,177
Persistent link: https://www.econbiz.de/10011091296
We study an economy where a collection of indivisible goods are sold to a set of buyers who want to buy at most one good.We characterize the set of Walrasian equilibrium price vectors in such an economy using sets of overdemanded and underdemanded goods.Further, we give characterizations for the...
Persistent link: https://www.econbiz.de/10011091331
This paper presents a model of partnership formation. A set of agents wants to conduct some business or other activities. Agents may act alone or seek a partner for cooperation and need in the latter case to consider with whom to cooperate and how to share the profit in a collaborative and...
Persistent link: https://www.econbiz.de/10011091420
A group of heterogenous agents may form partnerships in pairs. All single agents as well as all partnerships generate values. If two agents choose to cooperate, they need to specify how to split their joint value among one another. In equilibrium, which may or may not exist, no agents have...
Persistent link: https://www.econbiz.de/10011091421
In this paper we generalize the concept of a non-transferable utility game by introducing the concept of a socially structured game.A socially structured game is given by a set of players, a possibly empty collection of internal organizations on any subset of players, for any internal...
Persistent link: https://www.econbiz.de/10011091448
Persistent link: https://www.econbiz.de/10011091452
We consider cooperative games with transferable utility (TU-games), in which we allow for a social structure on the set of players, for instance a hierarchical ordering or a dominance relation.The social structure is utilized to refine the core of the game, being the set of payoffs to the...
Persistent link: https://www.econbiz.de/10011091453
In this paper an algorithm is proposed to .nd a discrete zero point of a function on the collection of integral points in the n-dimensional Euclidean space IRn.Starting with a given integral point, the algorithm generates a .nite sequence of adjacent integral simplices of varying dimension and...
Persistent link: https://www.econbiz.de/10011091490
The well known Sperner lemma states that in a simplicial subdivision of a simplex with a properly labeled boundary there is a completely labeled simplex. We present two combinatorial theorems on polytopes which generalize Sperner's lemma.Using balanced simplices, a generalized concept of...
Persistent link: https://www.econbiz.de/10011091505
In this paper we consider cooperative transferable utility games with limited communication structure, called graph games. Agents are able to cooperate with each other only if they can communicate directly or indirectly with each other. For the class of acyclic graph games recently the average...
Persistent link: https://www.econbiz.de/10011091625