Showing 1 - 10 of 77,792
concept than the core, and show that the top coalition property guarantees the existence of semistrictly core stable coalition …. -- Coalition formation ; Common ranking property ; Hedonic games ; Semistrict core ; Top coalition property …The top coalition property of Banerjee et al. (2001) and the common ranking property of Farrell and Scotchmer (1988 …
Persistent link: https://www.econbiz.de/10003731611
coalitions" that was previously used to derive core existence results. -- Coalition formation ; Semistrict core ; Simple games …We consider the class of proper monotonic simple games and study coalition formation when an exogenous weight vector … players' preferences over coalitions in a hedonic game. We formalize the notion of semistrict core stability, which is …
Persistent link: https://www.econbiz.de/10003731223
a new hybrid solution concept, the free-riding-proof core (FRP-Core), which endogenously determines a contribution group …, public goods provision level, and how to share the provision costs. The FRP-Core is always nonempty in public goods economies … but does not usually achieve global efficiency. The FRP-Core has support from both cooperative and noncooperative games …
Persistent link: https://www.econbiz.de/10011694996
coalition forms without delay in equilibrium, expected payoffs must be in the core of the characteristic function game that …This paper studies an extensive form game of coalition formation with random proposers in games with externalities. It … strong condition, the equilibrium coalition structure is not necessarily efficient. There may be multiple equilibria even in …
Persistent link: https://www.econbiz.de/10012650908
In cooperative games, the coalition structure core is, despite its potential emptiness, one of the most popular …
Persistent link: https://www.econbiz.de/10012226754
dominance in which an outcome can be dominated by a chain of coalitional `moves' in which each coalition that is involved in the …
Persistent link: https://www.econbiz.de/10012159046
We provide a new proof of the non-emptiness of approximate cores of games with many players of a finite number of types. Earlier papers in the literature proceed by showing that, for games with many players, equal-treatment cores of their "balanced cover games", which are non-empty, can be...
Persistent link: https://www.econbiz.de/10010472889
This paper introduces a model of coalition formation with claims. It assumes that agents have claims over the outputs … coalition formation emerges. Using resource monotonicity and consistency, we characterize the continuous rationing rules that … induce hedonic games that admit core-stability. …
Persistent link: https://www.econbiz.de/10011937226
We study linearly weighted versions of the least core and the (pre)nucleolus and investigatethe reduction possibilities … dual game. Our main results imply, for example, that if the core of the game is not empty, all dually inessential … core and the per-capita (pre)nucleolus from the dual game. This could lead to the design of polynomial time algorithms for …
Persistent link: https://www.econbiz.de/10012016477
Persistent link: https://www.econbiz.de/10001883297