Showing 1 - 10 of 32
In this paper we consider a natural generalization of standard tree games where the underlying structure is a directed acyclic graph. We analyze the properties of the game and illustrate its relation with other graph based cost games. We show that although the game is not convex its core is...
Persistent link: https://www.econbiz.de/10009773083
We offer a new approach to the well-known bankruptcy problem based on Kaminski's idea. With the help of hydraulic rationing we give a proof to Aumann and Maschlers theorem i.e. the consistent solution of a bankruptcy problem is the nucleolus of the corresponding game. We use a system of vessels...
Persistent link: https://www.econbiz.de/10010494472
We offer a new approach to the well-known bankruptcy problem based on Kaminski's idea. With the help of hydraulic rationing we give a proof to Aumann and Maschlers theorem i.e. the consistent solution of a bankruptcy problem is the nucleolus of the corresponding game. We use a system of vessels...
Persistent link: https://www.econbiz.de/10009152568
Persistent link: https://www.econbiz.de/10009674857
We provide a new modus operandi for the computation of the nucleolus in cooperative games with transferable utility. Using the concept of dual game we extend the theory of characterization sets. Dually essential and dually saturated coalitions determine both the core and the nucleolus in...
Persistent link: https://www.econbiz.de/10010481785
Persistent link: https://www.econbiz.de/10011535401
Persistent link: https://www.econbiz.de/10001434424
Persistent link: https://www.econbiz.de/10001702863
Persistent link: https://www.econbiz.de/10003777741
We study linearly weighted versions of the least core and the (pre)nucleolus and investigatethe reduction possibilities in their computation. We slightly extend some well-known related results and establish their counterparts by using the dual game. Our main results imply, for example, that if...
Persistent link: https://www.econbiz.de/10012016477