Showing 1 - 10 of 2,398
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10010708853
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10010273875
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10009024339
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10013142501
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10003974150
Persistent link: https://www.econbiz.de/10010905045
We consider two-sided matching markets in which agents have private information on a state of nature which determines the agents' utilities of matching. Monetary transfers are allowed and utility functions are quasi-linear. The model thus extends the assignment game introduced by Shapley and...
Persistent link: https://www.econbiz.de/10010905077
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a characteristic function which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in the case of...
Persistent link: https://www.econbiz.de/10010905151
We propose two classes of allocation games for N.T.U. and T.U. exchange economies in which initial endowments and preferences depend on the agents’ private information. In both models, agents make non-verifiable claims about their types and effective deposits of consumption goods, which are...
Persistent link: https://www.econbiz.de/10010905186
According to a minimalist version of Afriat’s theorem, a consumer behaves as a utility maximizer if and only if a feasibility matrix associated with his choices is cyclically consistent. An ”essential experiment” consists of observed consumption bundles (x1,xn) and a feasibility matrix α....
Persistent link: https://www.econbiz.de/10011072004