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The lexicographic vectors of a balanced game, called here leximals, are used to define a new solution concept, the lexicore, on the cone of balanced games. Properties of the lexicore and its relation with the core on some classes of games are studied. It is shown that on cones of balanced games...
Persistent link: https://www.econbiz.de/10012728485
In this paper we consider spanning tree problems, where n players want to be connected to a source as cheap as possible. We introduce and analyze (n!) vertex oriented construct and charge procedures for such spanning tree situations leading in n steps to a minimum cost spanning tree and a cost...
Persistent link: https://www.econbiz.de/10012728529
In this paper we introduce the equal division core for arbitrary multi-choice games and the constrained egalitarian solution for con- vex multi-choice games, using a multi-choice version of the Dutta-Ray algorithm for traditional convex games. These egalitarian solutions for multi-choice games...
Persistent link: https://www.econbiz.de/10012729178
This paper focuses on new characterizations of convex multi-choice games using the notions of exactness and superadditivity. Further- more, (level-increase) monotonic allocation schemes (limas) on the class of convex multi-choice games are introduced and studied. It turns out that each element...
Persistent link: https://www.econbiz.de/10012729179
We consider a market situation with two corners. One corner consists of a single seller with one object, and the other corner consists of potential buyers who all want the object. We suppose that the valuations of the object for the different buyers is known by all of them. Then two cooperative...
Persistent link: https://www.econbiz.de/10012731789
In this paper we study convex games with an infinite countable set of agents and provide characterizations of this class of games.Some difficulties arise when dealing with these infinite games, especially to tackle the vectors of marginal contributions.In order to solve these problems we use a...
Persistent link: https://www.econbiz.de/10012732485
Stochastic Cooperative Games: Theory and Applications -- Sequencing Games: a Survey -- Game Theory and the Market -- On the Number of Extreme Points of the Core of a Transferable Utility Game -- Consistency and Potentials in Cooperative TU-Games: Sobolev’s Reduced Game Revived -- On the Set of...
Persistent link: https://www.econbiz.de/10013520932
This book investigates models in cooperative game theory in which the players have the possibility to cooperate partially. In a crisp game the agents are either fully involved or not involved at all in cooperation with some other agents, while in a fuzzy game players are allowed to cooperate...
Persistent link: https://www.econbiz.de/10013520924
This book investigates models in cooperative game theory in which the players have the possibility to cooperate partially. In a crisp game the agents are either fully involved or not involved at all in coperation with some other agents, while in a fuzzy game players are allowed to cooperate with...
Persistent link: https://www.econbiz.de/10014014073
Persistent link: https://www.econbiz.de/10001353696