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Equity as a prerequisite for stable cooperation in a public-good economy: The core revisited
Buchholz, Wolfgang; Peters, Wolfgang - 2010
on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous … sacrifice') which is derived from the egalitarian-equivalent concept suggested by Moulin (1987). We also develop a simple core … test by which it can be checked whether a given allocation is in the core thus being a possible outcome of a cooperative …
Persistent link: https://www.econbiz.de/10010270530
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The ex ante incentive compatible core in exchange economies with and without indivisibilities
Forges, Françoise - 2006
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a … incentive compatible core can be empty, even if utility functions are quasi-linear. If, in addition to quasi-linearity, further … assumptions are made (like independent private values), the non-emptiness of the core follows nevertheless from d?Aspremont and …
Persistent link: https://www.econbiz.de/10010273735
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Core-stable rings in auctions with independent private values
Biran, Omer; Forges, Françoise - 2010
) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …
Persistent link: https://www.econbiz.de/10010273875
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An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games
Charness, Gary - 2019
The effectiveness of social interaction depends strongly on an ability to coordinate actions efficiently. In large networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network structure. We examine how pre-play communication and...
Persistent link: https://www.econbiz.de/10012866385
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Dynamic Games of Common-Property Resource Exploitation When Self-Image Matters
Van Long, Ngo - 2019
The purpose of this paper is to model the influence of Kantian moral scruples in a dynamic environment. Our objectives are two-fold. Firstly, we investigate how a Nash equilibrium among agents who have moral scruples may ensure that the exploitation of a common property renewable resource is...
Persistent link: https://www.econbiz.de/10012860769
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Effort Comparisons for a Class of Four-Player Tournaments
Çağlayan, Deren; Karagözoğlu, Emin; Keskin, Kerim; … - 2021
We propose a novel tournament design that incorporates the main properties of a round-robin tournament, a Swiss tournament, and a race. Following an equilibrium analysis, we compare 36 tournament structures inherent in our model and several well-known tournament models from the literature, on...
Persistent link: https://www.econbiz.de/10013314802
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Super-Additive Cooperation
Efferson, Charles; Bernhard, Helen; Fischbacher, Urs; … - 2022
Repeated interactions provide a prominent but paradoxical hypothesis for human cooperation in one-shot interactions 1–3. Intergroup competitions 4–7 provide a different hypothesis that is intuitively appealing but heterodox. We show that neither mechanism reliably supports the evolution of...
Persistent link: https://www.econbiz.de/10014240476
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A stochastic multiple players multi-issues bargaining model for the Piave river basin
Sgobbi, Alessandra; Carraro, Carlo - 2007
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of …
Persistent link: https://www.econbiz.de/10010264274
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Equitable Representation in the Councils of the United Nations: Theory and Application
Gould, Matthew; Rablen, Matthew - 2013
We develop a theoretical framework for equity in council voting games (CVGs). In a CVG, a fully representative voting body delegates decision-making to a subset of the members, as describes, e.g., the United Nations Security Council (UNSC). Three equity concepts are proposed: ex-ante...
Persistent link: https://www.econbiz.de/10010328764
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Bayesian Repeated Games and Reputations
Forges, Francoise; Salomon, Antoine - 2014
Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...
Persistent link: https://www.econbiz.de/10010352382