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other rules in the literature. Furthermore we provide two characterizations. Finally, we present several approaches to this …
Persistent link: https://www.econbiz.de/10011603467
other rules in the literature. Furthermore we provide two characterizations. Finally, we present several approaches to this …
Persistent link: https://www.econbiz.de/10005230826
other rules in the literature. Furthermore we provide two characterizations. Finally, we present several approaches to this …
Persistent link: https://www.econbiz.de/10014071242
Minimum cost spanning tree (mcst) problems try to connect agents efficiently to a source when agents are located at different points in space and the cost of using an edge is fixed. We introduce a new cost sharing solution that always selects a point in the core and that is more responsive to...
Persistent link: https://www.econbiz.de/10010573660
In recent years, in the markets for residency and fellowship positions at hospitals in the US, many market participants have expressed discontent with the process through which interviews are determined. In this paper, I show that matching with interviews is a special case of matching with...
Persistent link: https://www.econbiz.de/10013289613
will introduce two cost-sharing rules that provide a division of the costs of forming a shortest path. One of the cost …-sharing rules will include aspects from non-cooperative extensive form games in the sense that egoistic and individually rational … cooperative solution. Axiomatic characterizations of the two cost-sharing rules are provided …
Persistent link: https://www.econbiz.de/10013063568
We develop a model of contests on networks. Each player is “connected” to a set of contests and exerts a single effort to increase the probability of winning each contest to which she is connected. We characterize equilibria under the Tullock contest success function and explore how behavior...
Persistent link: https://www.econbiz.de/10012919103
Many economic organizations have some relational structure, meaning that economic agents do not only differ with respect to certain individual characteristics such as wealth and preferences, but also belong to some relational structure in which they usually take different positions. Two examples...
Persistent link: https://www.econbiz.de/10011349197
Persistent link: https://www.econbiz.de/10010354731
The effectiveness of social interaction depends strongly on an ability to coordinate actions efficiently. In large networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network structure. We examine how pre-play communication and...
Persistent link: https://www.econbiz.de/10012024395