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In this paper the existence of Bayesian multi-criteria equilibria in mixed strategies is established for finite Bayesian multi-criteria games.Sufficient conditions are given under which approximate equilibria exist for non-finite Bayesian multi-criteria games
Persistent link: https://www.econbiz.de/10014053547
This paper deals with a new class of multi-choice games, the class of multi-choice total clan games. The structure of the core of a multi-choice clan game is explicitly described. Furthermore, characterizations of multi-choice total clan games are given and bi-monotonic allocation schemes...
Persistent link: https://www.econbiz.de/10014223097
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
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