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solution concepts (such as the nucleolus) violate this property are scarce and have no economic interpretation. We provide an …
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the Bifocal Distribution game, to show that both the Nucleolus, introduced by Schmeidler (1969), and the Shapley value …
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We use the Shapley value and the nucleolus to analyze the impact of three controversial pipeline projects on the power … nucleolus in contrast, none of the pipelines has any strategic relevance at all, which appears to be at odds with the empirical …
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coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
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of ones. We then define the balanced-core as a refinement ofthe core. A payoff vector lies in the balanced-core if it … lies in the core andthe payoff vector is an element of payoff sets of all graphs in some balanced collection ofgraphs. We … prove that any balanced graph game has a nonempty balanced-core.We conclude by some examples showing the usefulness of the …
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Game Theory describes human interaction involving conflict, cooperation and competition, the term Interpersonal Decision Theory is synonymous. The term reflects the fact that most essential features of this field are manifested in parlor games. This topic-level treatment covers large parts of...
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