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service that generates the revenues. We focus on the study of the core of cost-revenue games. Under the assumption that … shown that a cost-revenue game has a non-empty core for any vector of revenues if, and only if, the dual game of the cost … game has a large core. Using this result, we investigate minimum cost spanning tree games with revenues. We show that if …
Persistent link: https://www.econbiz.de/10011257152
. Attention is focused on how to divide the total reward (penalty) among the activities: the core of a corresponding cooperative … the nonemptiness of the core of project games. …
Persistent link: https://www.econbiz.de/10011091544
jobs. Using nonstandard techniques we prove that each family sequencing game has a non-empty core by showing that a … particular marginal vector belongs to the core. Finally, we specifically analyze the case in which the initial order is family …
Persistent link: https://www.econbiz.de/10011091746
My Back-Yard") problem. We derive and discuss conditions for core solutions to exist. These conditions are driven by the … particular, we construct a hypothetical example on a real administrative unit in which the core is shown to be empty. These …
Persistent link: https://www.econbiz.de/10010760348
to the c-core, while the latter corresponds to the aspiration core or d-core, where in both case, the best configuration …, that is, coalitions for which any solution of the d-core yields a payment for that coalition equal to its worht. In … possible payment (core element) and a single possible configuration. We also introduce the notion of inescapable coalitions …
Persistent link: https://www.econbiz.de/10010791258
We prove the non-emptiness of the core of an NTU game satisfying a condition of payoff-dependent balancedness, based on … transfer rate mappings. We also define a new equilibrium condition on transfer rates and we prove the existence of core payoff … vectors satisfying this condition. The additional requirement of transfer rate equilibrium refines the core concept and allows …
Persistent link: https://www.econbiz.de/10010905386
We present a classification of all stationary subgame perfect equilibria of the random proposer model for a three-person cooperative game according to the level of efficiency. The efficiency level is characterized by the number of "central" players who join all equilibrium coalitions. The...
Persistent link: https://www.econbiz.de/10010584377
and the transformed one, which is called the Weber set of level k. We prove that the core of the original game is included …
Persistent link: https://www.econbiz.de/10010746932
This paper investigates core stability of cooperative (TU) games via a fuzzy extension of the totally balanced cover of … a cooperative game. The stability of the core of the fuzzy extension of a game, the concave extension, is shown to … reflect the core stability of the original game and vice versa. Stability of the core is then shown to be equivalent to the …
Persistent link: https://www.econbiz.de/10009366450
definition includes as a particular case the classical definition of pure exchange economy. We adapt the core concept to a … coalitional exchange economy, and we show the non-emptiness of the core. Finally, we discuss more general setting where individual …
Persistent link: https://www.econbiz.de/10005696857