Showing 151 - 160 of 58,108
A nearly explicit feedback Stackelberg-Nash equilibrium is obtained in a dynamic distribution channel consisting of a manufacturer and two competing asymmetric retailers engaged in promoting the manufacturer's product to be sold through the retailers. The manufacturer decides on its support for...
Persistent link: https://www.econbiz.de/10012838896
This note shows that the egalitarian Dutta and Ray (1989) solution for transferable utility games is self-antidual on the class of exact partition games. By applying a careful antiduality analysis, we derive several new axiomatic characterizations. Moreover, we point out an error in earlier work...
Persistent link: https://www.econbiz.de/10012840145
This paper studies sequencing situations with non-linear cost functions. We show that the neighbor switching gains are now time-dependent, in contrast to the standard sequencing situations with linear cost functions, which complicate finding an optimal order and stable allocations. We derive...
Persistent link: https://www.econbiz.de/10012840197
The Shapley-Shubik index is a specialization of the Shapley value and is widely applied to evaluate the power distribution in committees drawing binary decisions. It was generalized to decisions with more than two levels of approval both in the input and the output. The corresponding games are...
Persistent link: https://www.econbiz.de/10012842953
In auctions with externalities, it is well-known that the core can be empty, which is undesirable both in terms of stability and fairness. Nevertheless, some auction outcome must be chosen. We separate deviations into two types: deviations by paying more and deviations by refusing to pay. In...
Persistent link: https://www.econbiz.de/10012843633
We introduce new notions of superadditivity and convexity for games with coalitional externalities. We show parallel results to the classic ones for transferable utility games without externalities. In superadditive games the grand coalition is the most efficient organization of agents. The...
Persistent link: https://www.econbiz.de/10012843918
Much research focuses on development of new agricultural technologies to reduce poverty levels of the large population of smallholder farms in Sub Saharan Africa. In this paper we argue that smallholders can also increase their production in a different way, namely by using their resources more...
Persistent link: https://www.econbiz.de/10012723805
Outsourcing decisions by organizations have strategic and operational implications. Strategically, understanding the market and competition is necessary to make effective outsourcing decisions. In this paper we recognize this concern and model the situation where an organization with quality and...
Persistent link: https://www.econbiz.de/10012724503
We study a particular class of cost sharing games - quot;data gamesquot; - covering situations where some players own data which are useful for a project pursued by the set of all players. The problem is to set up compensations between players. Data games are subadditive but generally not...
Persistent link: https://www.econbiz.de/10012725447
In this paper, interval-type solution concepts for interval-valued cooperative games like the interval core, the interval dominance core and stable sets are introduced and studied. The notion of I-balancedness is introduced, and it is proved that the interval core of an interval-valued...
Persistent link: https://www.econbiz.de/10012725485