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The Coalition Structure Core is Accessible

Kóczy, László Á.; Lauwers, Luc - EconWPA - 2001

For each outcome (i.e.~a payoff vector augmented with a coalition structure) of a TU-game with a non-empty coalition structure core there exists a finite sequence of successively dominating outcomes that terminates in the coalition structure core. In order to obtain this result a restrictive...

Persistent link: https://www.econbiz.de/10005407594

The Core Can Be Accessed in a Bounded Number of Steps

Kóczy, László Á. - EconWPA - 2002

This paper strengthens the result of Sengupta and Sengupta (1996). We show that for the class of games with nonempty cores the core can be reached in a bounded number of proposals and counterproposals. Our result is more general than this: the boundedness holds for any two imputations with an...

Persistent link: https://www.econbiz.de/10005407616

The Strong Sequential Core in a Dynamic Exchange Economy

Predtetchinski, Arkadi; Herings, P. Jean-Jacques; … - EconWPA - 2002

Persistent link: https://www.econbiz.de/10005118590

The Weak Sequential Core for Two-period Economies

Predtetchinski A.; Herings P.J.J.; Perea A. - EconWPA - 2002

We adapt the core concept to deal with economies in which trade in assets takes place at period 1, uncertainty about asset payoffs is released at period 2, and agents trade in commodities afterwards. We define the weak sequential core as the set of allocations that are stable against coalitional...

Persistent link: https://www.econbiz.de/10005118604

CIRCULAR VARIABLE WORK IN PROCESS

Vildosola, Luis - EconWPA - 2002

This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...

Persistent link: https://www.econbiz.de/10005126234

Learning to Respond: The Use of Heuristics in Dynamic Games

Shor, Mikhael - EconWPA - 2003

learning models in light of a laboratory experiment on responsiveness in a lowinformation dynamic game subject to changes in …

Persistent link: https://www.econbiz.de/10005062390

Breaking the Symmetry: Optimal Conventions in Repeated Symmetric Games

Bhaskar, V. - EconWPA - 1997

-of-the-sexes. In repeated interaction, asymmetric coordination is possible possible via symmetric repeated game strategies. This … asymmetric continuation paths. The multiplicity of possible conventions gives rise to a coordination problem at a higher level if … the game is one of pure coordination. However, if there is a slight conflict of interest between players, a unique optimal …

Persistent link: https://www.econbiz.de/10005407601

An Experiment on the Value of Structural Information in a 2x2 Repeated Game

Mitropoulos, Atanasios - EconWPA - 2002

In experimental studies pairs that repeatedly play the simple coordination game mutual fate control may regularly fail …

Persistent link: https://www.econbiz.de/10005550889

Little Information, Efficiency, and Learning - An Experimental Study

Mitropoulos, Atanasios - EconWPA - 2001

and design an experiment in which subjects re-peatedly play 4 simple games within 4 sets of 40 rounds under little … information. This way we are able to investigate (i) the coordination abilities of the subjects depending on the underlying game …

Persistent link: https://www.econbiz.de/10005407575

CONSUMER SEARCH: NOT ENOUGH OR TOO MUCH?

Zwick, Rami; Rapoport, Amnon; Lo, Alison King Chung; … - EconWPA - 2001

We study search behavior in a generalized "secretary problem" environment in which consumers search sequentially for the best alternative from a known and finite set of multi-attribute alternatives. In contrast to most previous studies, we make no distributional assumptions about the quality of...

Persistent link: https://www.econbiz.de/10005408222