Showing 141 - 150 of 104,169
This paper advances the idea that, in a variety of environments, it is natural to think of the solution of a (coalition form) game as an ordering of the players rather than as a division of the value of coalitions. Orderings that are characterized by an average of the desirability of one player...
Persistent link: https://www.econbiz.de/10014220475
Persistent link: https://www.econbiz.de/10014221501
In this paper we introduce games with optimistic aspirations and identify attractive allocation rules for such games through axiomatizations. A game with optimistic aspirations specifies two values for each coalition of players: the first value is the worth that the players in the coalition can...
Persistent link: https://www.econbiz.de/10014157876
It is well-known that a transferable utility game has a non-empty core if and only if it is balanced. In the class of non-transferable utility games balancedness or the more general pi-balancedness due to Billera (1970) is a sufficient, but not a necessary condition for the core to be non-empty....
Persistent link: https://www.econbiz.de/10014113483
A new model of TU game is introduced and studied. Here apart from the characteristic function, two additional functions are used: relations between the players and the probability of coalition formation. We suggest and study the sufficient properties of the probability function to transform it...
Persistent link: https://www.econbiz.de/10014102140
A set of outcomes for a TU-game in characteristic function form is dominant if it is, with respect to an outsider-independent dominance relation, accessible (or admissible) and closed. This outsider-independent dominance relation is restrictive in the sense that a deviating coalition cannot...
Persistent link: https://www.econbiz.de/10014107141
The core of games arising from semi-infinite transportation situations with infinitely divisible goods is studied. In these situations one aims at maximizing the profit from transporting a good from a finite number of suppliers to an infinite number of demanders. This good is infinitely...
Persistent link: https://www.econbiz.de/10014142667
Market entry situations are modelled, where an entrepreneur has to decide for a collection of markets which market to enter and which not. The entrepreneur can improve his prior information by making use of a group of informants, each of them knowing the situation in one or more markets. For...
Persistent link: https://www.econbiz.de/10014143337
We study linear production situations with an infinite number of production techniques. Such a situation gives rise to a semi-infinite linear program. Related to this program, we introduce primal and dual games and study relations between these games, the cores of these games and the so-called...
Persistent link: https://www.econbiz.de/10014143770
We consider a multi-sided assignment game with the following characteristics: (a) the agents are organized in m sectors that are connected by a graph that induces a weighted m-partite graph on the set of agents, (b) a basic coalition is formed by agents from different connected sectors, and (c)...
Persistent link: https://www.econbiz.de/10012964721