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Consider G = (X1,…,XM,g1,…,gM) an M-player game in strategic form, where the set Xi is an interval of real numbers and the payoff functions gi are differentiable with respect to the related variable xi ∈ Xi. If they are also concave, with respect to the related variable, then it is...
Persistent link: https://www.econbiz.de/10005081029
In this paper, we examine whether farsighted players form the efficient grand coalition structure in coalition formation games. We propose a stability concept for a coalition structure, called sequentially stability, when only bilateral mergers of two separate coalitions are feasible because of...
Persistent link: https://www.econbiz.de/10010765576
We present a multistage stochastic procedure that produces a fair allocation of a cake among n-person. In each step players observe the collection of the random offers (x1, …, xn), where x1 + ⋯ + xn = 1. As the proposal emerged players have to make a decision to accept it or reject it. The...
Persistent link: https://www.econbiz.de/10011011321
This paper examines the existence of Berge equilibrium. Colman et al. provide a theorem on the existence of this type of equilibrium in the paper [Colman, A. M., Körner, T. W., Musy, O. and Tazdaït, T. [2011] Mutual support in games: Some properties of Berge equilibria, J. Math. Psychol. 55,...
Persistent link: https://www.econbiz.de/10011011347
The concert queueing problem corresponds to determining the equilibrium arrival profile of non-cooperative customers selecting their arrival times to a queue where the service opens at a specified time. The customers are allowed to arrive before or after this time. This problem has a variety of...
Persistent link: https://www.econbiz.de/10011279151
This study seeks to analyze the impact of governmental regulations on the pollution level in a duopoly framework with endogenous market structure. We consider a dirty industry which involves two asymmetric firms, an MNC and a domestic firm, producing a homogenous product, where the MNC is so...
Persistent link: https://www.econbiz.de/10011279153
We consider a two player finite state-action general sum single controller constrained stochastic game with both discounted and average cost criteria. We consider the situation where player 1 has subscription-based constraints and player 2, who controls the transition probabilities, has...
Persistent link: https://www.econbiz.de/10011279157
We introduce a new zero-sum matrix game for modeling search in structured domains. In this game, one player tries to find a "bug" while the other tries to hide it. Both players exploit the structure of the "search" domain. Intuitively, this search game is a mathematical generalization of the...
Persistent link: https://www.econbiz.de/10005081024
The objective of this work is to analyze how social networks coevolve with other dimensions of agents' choice. We present a model where agents choose their neighbors as well as a mode of behavior in 2 × 2 anti-coordination games, i.e. games where an individual's best response is to behave...
Persistent link: https://www.econbiz.de/10004964044
The main objects here are Nash equilibria in spatial Cournot oligopolies when profits depend on coordinated distribution. Production is non-cooperative, but the subsequent transportation must be performed jointly to minimize costs. Cournot-Nash equilibria for this two-stage game with partial...
Persistent link: https://www.econbiz.de/10004964051