Showing 1 - 10 of 15,513
has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In case of …In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms …) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the …
Persistent link: https://www.econbiz.de/10010325973
the externalities involved, as well as with where the source of cooperation lies in cooperative game theory. In either … on the nature of the gamma core in general are given as well as of the Chander-Tulkens solution within the gamma core …
Persistent link: https://www.econbiz.de/10010312597
of the marginal contributions for environments with externalities. The dummy property related to it is defined. We adapt … theory of games II. Princeton University Press, Princeton, pp 307317, 1953) to characterize our value. In addition, we … average approach provided by Macho-Stadler et al. (J Econ Theory 135:339-356, 2007). …
Persistent link: https://www.econbiz.de/10010317092
Consider an environment with widespread externalities, and suppose that binding agreements can be written. We study …
Persistent link: https://www.econbiz.de/10011608412
, hence agreements must be stable against both types of deviations. The appropriate extension of the classicakl core concept …, the Sustainable Core, is defined for this new setup to test the stability of allocations in such a complex environment. A … achieved by choosing an element in the Sustainable Core. …
Persistent link: https://www.econbiz.de/10010494526
We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …
Persistent link: https://www.econbiz.de/10010283617
This paper reinterprets the ? -core (Chander and Tulkens (1995, 1997)) and justifies it as well as its prediction that … the efficient coalition structure is stable in terms of the coalition formation theory. It is assumed that coalitions can …
Persistent link: https://www.econbiz.de/10011325128
-convexity, under which the game is shown to have a non-empty core and the average tree solution lies in the core. In general, link …
Persistent link: https://www.econbiz.de/10010325870
allowing all its members to get the service that generates the revenues. We focus on the study of the core of cost … consideration to all its members, it is 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 …
Persistent link: https://www.econbiz.de/10010326323
encompasses many economic models with externalities and outside options. We show that when outside options are pure (i …
Persistent link: https://www.econbiz.de/10011324948