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The Core Can Be Accessed in a Bounded Number of Steps

Kóczy, László Á. - EconWPA - 2002

cores the core can be reached in a bounded number of proposals and counterproposals. Our result is more general than this …

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

The Minimal Dominant Set is a Non-Empty Core-Extension

Kóczy, László Á.; Lauwers, Luc - EconWPA - 2002

. The minimal (for inclusion) dominant set is non-empty and for a game with a non-empty coalition structure core, the … minimal dominant set returns this core. …

Persistent link: https://www.econbiz.de/10005062371

Coalition Formation with Local Public Goods and Network Effect

Kung, Fan-chin - EconWPA - 2005

effect, the core is nonempty when coalition feasible sets are monotonic and players' preferences over public goods have … connected support. All core allocations consist of connected coalitions and they are Tiebout equilibria as well. We also examine …

Persistent link: https://www.econbiz.de/10005550914

A Note on Funaki and Yamato's Tragedy of the Commons

Kóczy, László Á. - EconWPA - 2002

does not hold for optimistic players. We propose a new core concept to overcome this puzzle and provide numerical …

Persistent link: https://www.econbiz.de/10005550950

The Core of Economies with Asymmetric Information: An Axiomatic Approach

Volij, Oscar; Lee, Darin - EconWPA - 1997

apply them in the characterization of two solution concepts. One is Wilson's (1978) Coarse Core and the other is a … subsolution of it which we call the Coarse+ Core. …

Persistent link: https://www.econbiz.de/10005118523

The Strong Sequential Core in a Dynamic Exchange Economy

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

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

Stable Outcomes For Contract Choice Problems

Lahiri, Somdeb - EconWPA - 2003

invoke here is the core. We also show, that a simple generalization of the Deferred Acceptance Procedure with men proposing … due to Gale and Shapley(1962), yeilds outcomes for a generalized marriage problem, which necessarily belong to the core …

Persistent link: https://www.econbiz.de/10005118618

Communication, Credible Improvements and the Core of an Economy with Asymmetric Information

Volij, Oscar - EconWPA - 1997

members of a coalition. We then define a concept of the Core that takes into account these communication possibilities. The … internal consistency of the improvements is considered and an Internally Consistent Core is introduced, that requires …

Persistent link: https://www.econbiz.de/10005118634

On Concavification and Convex Games

Azrieli, Yaron; Lehrer, Ehud - EconWPA - 2004

We propose a new geometric approach for the analysis of cooperative games. A cooperative game is viewed as a real valued function $u$ defined on a finite set of points in the unit simplex. We define the \emph{concavification} of $u$ on the simplex as the minimal concave function on the simplex...

Persistent link: https://www.econbiz.de/10005118576

A new weight scheme for the Shapley value

Haeringer, Guillaume - EconWPA - 1998

It is well known since Owen (Management Science, 1968) that the weights in the weighted Shapley value cannot be interpreted as a measure of power (i.e. of the ability to bargain) of the players. This paper proposes a new weight scheme for the Shapley value. Weights in this framework have to be...

Persistent link: https://www.econbiz.de/10005407525