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We show that any cooperative TU game is the maximum of a finite collection of convex games. This max …-convex decomposition can be refined by using convex games with nonnegative dividends for all coalitions of at least two players. As a … consequence of the above results we show that the class of modular games is a set of generators of the distributive lattice of all …
Persistent link: https://www.econbiz.de/10005138819
In the vast majority of laboratory experiments documenting the existence of reciprocity subjects are endowed with windfall funds. In many environments with salient fairness considerations such endowments are known to inflate subjects’ other-regarding behavior, thereby creating a so-called...
Persistent link: https://www.econbiz.de/10011127992
assignment games. …
Persistent link: https://www.econbiz.de/10010817236
solution concept for market games. For different solution concepts a syndicate can be disadvantageous and there is no escape to … on a self-interesting link between multi-sided Bohm-Bawerk as- signment games and bankruptcy games (ONeill, 1982). We … identify a particular subset of Bohm-Bawerk assignment games and we show that it is isomorphic to the whole class of bankruptcy …
Persistent link: https://www.econbiz.de/10010817237
matched with seller j, the market produces aij units of utility. We study Monge assignment games, that is bilateral … cooperative assignment games where the assignment matrix satisfies the Monge property. These matrices can be characterized by the …
Persistent link: https://www.econbiz.de/10010895706
In the vast majority of experiments documenting the existence of reciprocity subjects are endowed with windfall funds. In some situations such endowments might create a so-called “house money effect”. We identify two reasons why the source of endowment might matter for negative reciprocity:...
Persistent link: https://www.econbiz.de/10010907394
In the context of cooperative TU-games, and given an order of players, we consider the problem of distributing the … payoff of the players are required related to successive reduced games. Sequentially compatible payoffs are defined as those …
Persistent link: https://www.econbiz.de/10005022314
We extend Rochfords (1983) notion of symmetrically pairwise-bargained equilibrium to assignment games with more than …-sided assignment games, the set of SMB is always nonempty and that, unlike the two-sided case, it does not coincide in general with the …
Persistent link: https://www.econbiz.de/10005022339
There exist coalitional games with transferable utility which have the same core but different nucleoli. We show that … this cannot happen in the case of assignment games. Whenever two assignment games have the same core, their nucleoli also …
Persistent link: https://www.econbiz.de/10005022346
Cooperative TU-games with large core were introduced by Sharkey (1982) and the concept of Population Monotonic … monotonic core giving a characterization for three-player games. In this paper we prove that all games with large monotonic core …
Persistent link: https://www.econbiz.de/10005022349