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strict. It also extends Nakamura’s theorem about the nonemptyness of the core and shows that computable games have a finite …
Persistent link: https://www.econbiz.de/10014180080
Classify simple games into sixteen “types” in terms of the four conventional axioms: monotonicity, properness, strongness, and nonweakness. Further classify them into sixty-four classes in terms of finiteness (existence of a finite carrier) and algorithmic computability. For each such class,...
Persistent link: https://www.econbiz.de/10014180110
To incentivize workers and boost performance, firms often offer monetary bonuses for the achievement of production goals. Such bonuses appeal to two types of motivations of the worker. On the one hand, the existence of a goal, on its own, triggers an intrinsic motivation associated with the...
Persistent link: https://www.econbiz.de/10012844724
Absent the introduction of either of `social conventions', or `negotiations over socially acceptable behaviors', this study arrives at a formal theoretical general equilibrium parameterization of morality. Suppose all socioeconomic agents are boundedly rational and seek to act rationally. Under...
Persistent link: https://www.econbiz.de/10014260249
shown that the core of a TU-game coincides with the core of the corresponding minimal rights game. Moreover, the paper … introduces the notion of the k-core cover as an extension of the core cover. The k-core cover of a TU-game consists of all … minimal rights game. It is shown that the core of a TU-game with player set N coincides with the L|N |/2-̦core cover …
Persistent link: https://www.econbiz.de/10010224779
the unique welfare distribution that is core-stable and satisfies the condition that no agent gets a utility payoff above … has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In case of …
Persistent link: https://www.econbiz.de/10011381991
games with non-empty cores this means that the core can be reached via a bounded sequence of blocks. …
Persistent link: https://www.econbiz.de/10011560695
stable solutions of a multiple partners matching game in two different ways and perform a study on the core of the … the existence of a stable solution and the non-emptiness of the core, which holds in the other models with payments, is no …
Persistent link: https://www.econbiz.de/10011345044
: (i) only eight configurations are possible for the core, which contains at most six allocations; (ii) for each core …
Persistent link: https://www.econbiz.de/10012131700
-firm-buyer games have non-empty core. We show that for these games the core coincides with the classical bargaining set (Davis and …
Persistent link: https://www.econbiz.de/10012011071