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This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. I …'Aspremont et al. (1979) does not extend to simple star graphs and I conjecture thatthis non-existence result holds more generally …
Persistent link: https://www.econbiz.de/10010325879
In this paper we introduce and characterize two new values for transferable utility games with graph restricted communication and a priori unions. Both values are obtained by applying the Shapley value to an associated TU-game. The graph-partition restricted TU-game is obtained by taking the...
Persistent link: https://www.econbiz.de/10010326357
This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. We …'Aspremont et al. (1979) does not extend to simple star graphs and conjecture that this non-existence result holds more generally …
Persistent link: https://www.econbiz.de/10010491365
determinedthat depends on the relative positions of the players within the graph.A collection of graphs will be called balanced if to … the core andthe payoff vector is an element of payoff sets of all graphs in some balanced collection ofgraphs. We prove …
Persistent link: https://www.econbiz.de/10010324576
We introduce a form of pre-play communication that we call preopening. During the preopening, players announce their tentative actions to be played in the underlying game. Announcements are made using a posting system which is subject to stochastic failures. Posted actions are publicly...
Persistent link: https://www.econbiz.de/10010326012