Showing 1 - 10 of 104
rule generating superadditive coalitional games. …
Persistent link: https://www.econbiz.de/10011117136
We describe the construction and analysis of asymmetric Cost Sharing mechanisms, in which a variety of axioms are applied to subsets of the agents/goods. We show that the analysis can be quite subtle as apparently similar axiomatizations lead to significantly different results; in particular,...
Persistent link: https://www.econbiz.de/10010573661
individually rational and Pareto optimal outcome in hedonic coalition formation games. Our approach also leads to various results … for specific classes of hedonic games. In particular, we show that computing and verifying Pareto optimal partitions in … general hedonic games, anonymous games, three-cyclic games, room-roommate games and B-hedonic games is intractable while both …
Persistent link: https://www.econbiz.de/10010719482
We analyze the problem of aggregating judgments over multiple issues from the perspective of whether aggregate judgments manage to efficiently use all voters' private information. While new in judgment aggregation theory, this perspective is familiar in a different body of literature about...
Persistent link: https://www.econbiz.de/10011049697
This paper inspires from a real-life assignment problem faced by the Mexican Ministry of Public Education. We introduce a dynamic school choice problem that consists in assigning positions to overlapping generations of teachers. From one period to another, teachers can either retain their...
Persistent link: https://www.econbiz.de/10011049689
misreporting preferences and then rematching, by any group of students in the school choice type of matching markets. Our first …
Persistent link: https://www.econbiz.de/10011049837
An apex game consists of one apex player and a set of minor players. We identify two key properties of apex games and … use them to introduce the class of general apex games. We derive players' preferences over winning coalitions by applying … strongly monotonic power indices on such a game and all its subgames and investigate whether there are core stable coalitions …
Persistent link: https://www.econbiz.de/10010931190
We study resource allocation with multi-unit demand, such as the allocation of courses to students. In contrast to the case of single-unit demand, no stable mechanism, not even the (student-proposing) deferred acceptance algorithm, achieves desirable properties: it is not strategy-proof and the...
Persistent link: https://www.econbiz.de/10010719484
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games … experimental findings from public goods and other coordination games, where communication always enhances efficiency and often …
Persistent link: https://www.econbiz.de/10010664597
It is well known that ex post efficient mechanisms for the provision of indivisible public goods are not interim individually rational. However, the corresponding literature assumes that agents who veto a mechanism can enforce a situation in which the public good is never provided. This paper...
Persistent link: https://www.econbiz.de/10011049732