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environment described by a DC load flow model where the network is lossless and is operated by an independent regulator who … ensures network stability and fulfillment of consumption needs while taking into account the preferences of consumers over … on which the consumers preferences are determined. The model deals with network congestion and safety as not every …
Persistent link: https://www.econbiz.de/10009719691
We consider a (pure) public goods provision problem with voluntary participation in a quasi-linear economy. We propose a new hybrid solution concept, the free-riding-proof core (FRP-Core), which endogenously determines a contribution group, public goods provision level, and how to share the...
Persistent link: https://www.econbiz.de/10011694996
It has been proved in many studies that cheap talk has great influence on a players' choice of strategies. But the effect of cheap talk has still not been properly evaluated in game theory. Based on a novel game model with parameters denoting how one player cares for the other's payoff, we can...
Persistent link: https://www.econbiz.de/10014066084
, we construct an information-network model incorporating both information transmitters and information aggregators. Given … network equilibrium, its optimality and the patterns of equilibrium and optimal configuration. We then allow for endogenous … costs, the monocentric network with one aggregator connecting to all other agents as transmitters on a tree graph is the …
Persistent link: https://www.econbiz.de/10012932588
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≤ N, full-support type distributions, and network games. …
Persistent link: https://www.econbiz.de/10012436059
here represented by a non directed network, whose nodes are agents and whose links represent sharing agreements. We first … study the equilibrium use of information in any given sharing network, finding that the extent to which a piece of … stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks …
Persistent link: https://www.econbiz.de/10009756291
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