and Yang (2008) always finds a core allocation in finitely many iterations, thus resulting in a Pareto efficient outcome. …

and Yang (2008) always finds a core allocation in finitely many iterations, thus resulting in a Pareto efficient outcome. …

and Yang (2008) always finds a core allocation in finitely many iterations, thus resulting in a Pareto efficient outcome. …

actually ï¬nd a core allocation in ï¬nite steps, resulting in a Pareto efficient outcome. A core allocation consists of an …

) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …

In a common value auction in which the information partitions of the bidders are connected, all rings are core … form, in spite of the underlying strategic externalities. A ring is core-stable if the core of this characteristic function …

) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable … possible explanation for cartels' structures (not) observed in practice. -- auctions ; Bayesian game ; collusion ; core …

In auctions with externalities, the core can be empty, which is undesirable both in terms of stability and fairness. We … show that the core is nonempty if the seller cannot deviate, as a counterpart of the result of the nonemptiness of the core …

In auctions with externalities, it is well-known that the core can be empty, which is undesirable both in terms of … the sense that the seller and the bidders experience justified envy. We show that the core is nonempty if bidders cannot …