Showing 201 - 210 of 133,459
We numerically solve the classical "Game of Pure Strategy" using linear programming. We notice an intricate even-odd behaviour in the results of our computations that seems to encourage odd or maximal bids.
Persistent link: https://www.econbiz.de/10011030517
Thomas Schelling was recognized by the Nobel Prize committee as a pioneer in the application of game theory and rational choice analysis to problems of politics and international relations. However, although he makes frequent references in his writings to this approach, his main explorations and...
Persistent link: https://www.econbiz.de/10011030522
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We focus on games where players may bargain by promising or demanding transfer payments when forming links. We examine several variations of the transfer/bargaining aspect of link...
Persistent link: https://www.econbiz.de/10005392531
An experiment with the hawk-dove game showed that if players observe solely an arbitrary and trivial characteristic of their opponent (e.g. a colour label assigned randomly to each player at the outset), a pattern of discrimination may evolve (i.e. those possessing one of the two colours will...
Persistent link: https://www.econbiz.de/10005474764
Lloyd Shapley is considered one of the pioneers of game theory. His most prominent contributions are the inception and study of value theory and core theory. These two theories are the key to solving problems involving the allocation of goods or payoffs achievable through cooperation....
Persistent link: https://www.econbiz.de/10011141073
Different axiomatic systems for the Shapley value can be found in the literature.For games with a coalition structure …
Persistent link: https://www.econbiz.de/10011091748
rationality under a certain condition, and well balances the trade-o® between coalition effects and externality effects …
Persistent link: https://www.econbiz.de/10011091966
management rule for division of profits within a coalition. Finally, we show that the equal division of the net gain value can be … used to expand a coalition. …
Persistent link: https://www.econbiz.de/10011092173
In this paper we extend an egalitarian solution for two-person games to n-person cooperative games so that the estalished standard is observed for every two agents of the game.
Persistent link: https://www.econbiz.de/10005656790
becomes legally binding if and only if a certain threshold in terms of membership or contribution is reached. We analyze a … cartel game with open membership and heterogeneous countries to study the endogenous choice of a minimum participation rule … environmental agreements ; coalition formation ; transboundary pollution ; environmental policy coordination …
Persistent link: https://www.econbiz.de/10003883288