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We consider environments in which agents can cooperate on multiple issues and externalities are present both within and … across issues. We propose a way to extend (Shapley) values that have been put forward to deal with externalities within … issues to games where there are externalities within and across issues. We characterize our proposal through axioms that …
Persistent link: https://www.econbiz.de/10010547233
We develop a model of assignment games with pairwise-identity-dependent externalities. A concept of conjectural …
Persistent link: https://www.econbiz.de/10010735014
externalities. Our quantitative analysis predicts overinvestment as well as underinvestment in the network as an attempt to create …
Persistent link: https://www.econbiz.de/10008531714
This paper studies a procedural and axiomatic extension of the consensus value [cf. Ju et al. (2007)] to the class of partition function form games. This value is characterized as the unique function that satisfies efficiency, complete symmetry, the quasi-null player property and additivity. By...
Persistent link: https://www.econbiz.de/10004977749
We introduce a new class of cooperative games where the worth of a coalition depends on the behavior of other players and on the state of nature as well. We allow for coalitions to form both before and after the resolution of uncertainty, hence agreements must be stable against both types of...
Persistent link: https://www.econbiz.de/10010734790
operation of the network. As in the proposed model cooperation strongly affects routing dynamics of the network, externalities …Local routing protocols in scale free networks have been extensively studied. In this paper we consider a wireless … contextualization of this routing problem and analyze on the one hand how cooperation affects network efficiency, and on the other hand …
Persistent link: https://www.econbiz.de/10010941759
We introduce a new class of cooperative games where the worth of a coalition depends on the behavior of other players and on the state of nature as well. we allow for coalitions to form both before and after the resolution of uncertainty, hence agreements must be stable against both types of...
Persistent link: https://www.econbiz.de/10010693800
A cooperative game theoretic framework is introduced to study the behavior of cooperating and competing electrical energy providers considering price-preference rational consumers. We analyze the interactions of generators in an idealized environment described by a DC load flow model where the...
Persistent link: https://www.econbiz.de/10010699516
Preface: Professor Masahiro Satō of the Institute of Economic Research, Hitotsubashi University, presented this paper at a special session of the joint LSE-SOAS seminar series 'Japanese Economy and Society in Comparative Historical Perspective, held on 14 March 1990 at STICERD. The seminar...
Persistent link: https://www.econbiz.de/10011071540
In this paper we present a branch and price algorithm for the combined vehicle routing and scheduling problem with … decomposition of the vehicle routing and scheduling problem is not directly applicable. With our algorithm, we have solved 44 …
Persistent link: https://www.econbiz.de/10005206991