Showing 11 - 20 of 58,168
Persistent link: https://www.econbiz.de/10003771083
The assumption that decision makers choose actions to maximize their preferences is a central tenet in economics. This assumption is often justied either formally or informally by appealing to evolutionary arguments. In contrast, we show that in almost every game and for almost every family of...
Persistent link: https://www.econbiz.de/10003780859
Players in a congestion game may differ from one another in their intrinsic preferences (e.g., the benefit they get from using a specific resource), their contribution to congestion, or both. In many cases of interest, intrinsic preferences and the negative effect of congestion are (additively...
Persistent link: https://www.econbiz.de/10003781378
Persistent link: https://www.econbiz.de/10003776070
Persistent link: https://www.econbiz.de/10002117635
This paper studies the incentive compatibility of solutions to generalized indivisible good allocation problems introduced by S¨onmez (1999), which contain the well-known marriage problems (Gale and Shapley, 1962) and the housing markets (Shapley and Scarf, 1974) as special cases. In...
Persistent link: https://www.econbiz.de/10003321321
Persistent link: https://www.econbiz.de/10003322699
Persistent link: https://www.econbiz.de/10003322713
Persistent link: https://www.econbiz.de/10003358683
Persistent link: https://www.econbiz.de/10003280354