Showing 111 - 120 of 11,910
Although simple games are very useful in modeling decision-making bodies, they allow each voter only two choices: to support or oppose a measure. This restriction ignores that voters often can abstain from voting, which is effectively different from the other two options. Following the approach...
Persistent link: https://www.econbiz.de/10010577251
This paper starts from a classical fair division situation of allocating an object among a set of agents. The problem is studied from both a cooperative and a bankruptcy point of view, analyzing the fairness properties of the proposed solutions.
Persistent link: https://www.econbiz.de/10010580510
The goal of this work is to provide a comprehensive review of different Game Theory applications that have been recently used to predict the behavior of non-rational agents in interaction situations arising from computational biology. In the first part of the paper, we focus on evolutionary...
Persistent link: https://www.econbiz.de/10010708164
Most of the international environmental agreements that have been signed in the past to resolve transboundary pollution problems appear constrained in the sense that either monetary transfers accompany uniform abatement standards (agreements based on a uniform standard with monetary transfers),...
Persistent link: https://www.econbiz.de/10010708533
Pooling and exchange of random resources may offer the owners insurance and substitution. Greater efficiency and more stable revenues thereby obtain. These good properties derive from a sharing rule that complies with the core concept from cooperative production games. It is applied here to...
Persistent link: https://www.econbiz.de/10008914338
The use of renewable resources is examined as a cooperative production game, the focus here being on fisheries. It is shown how pooling and exchange of individual endowments may open for substitutions that generate greater efficiency. We introduce a sharing rule that complies with the core...
Persistent link: https://www.econbiz.de/10008914354
Focus is here on coalitional games among economic agents plagued by aggregate pollutions of diverse sorts. Defecting players presumably pollute more than others. Then, granted convex preferences and technologies, the core is proven nonempty. In fact, under natural assumptions, a specific,...
Persistent link: https://www.econbiz.de/10009003085
It is well known that, in distributions problems, "Fairness" rarely leads to a single viewpoint (see Young (1994) and Moulin (1988) among many others). This paper provides, in this context, interesting basis in defense of intermediate agreements when two prominent proposals, representing...
Persistent link: https://www.econbiz.de/10008602643
This paper considers cooperative game theoretic settings in which forming coalitions can act as Stackelberg leaders. We de�fine a value function which modi�fies the gamma-value function (Hart & Kurz, 1983, Chander & Tulkens, 1997) by letting members of deviating coalitions move �first in...
Persistent link: https://www.econbiz.de/10008565960
We present a novel algorithm to determine the payoff-space of certain normal-form C1 parametric games, and - more generally - of continuous families of normal-form C1 games. The algorithm has been implemented by using MATLAB, and it has been applied to several examples. The implementation of the...
Persistent link: https://www.econbiz.de/10009151286