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on Game Theory |
By: | Hendrickx,Ruud; Borm,Peter; Brink,Rene van den; Owen,Guillermo (Tilburg University, Center for Economic Research) |
Abstract: | In this paper we consider a proper Shapley value (the V L value) for cooperative network games. This value turns out to have a nice interpretation. We compute the V L value for various kinds of networks and relate this value to optimal strategies in an associated matrix game. |
JEL: | C71 |
Date: | 2005 |
URL: | http://d.repec.org/n?u=RePEc:dgr:kubcen:200565&r=gth |
By: | Richard McLean (Department of Economics, Rutgers University); Andrew Postlewaite (Department of Economics, University of Pennsylvania) |
Abstract: | We analyze the ex ante incentive compatible core for replicated private information economies. We show that any allocation in the core when the economy is replicated sufficiently often is approximately Walrasian for the associated Arrow-Debreu economy. |
Keywords: | Core, Asymmetric Information, Incentive Compatibility, Exchange Economy |
JEL: | C71 D82 D51 |
Date: | 2003–11–01 |
URL: | http://d.repec.org/n?u=RePEc:pen:papers:03-027&r=gth |
By: | Pierpaolo Battigalli; Martin Dufwenberg |
Date: | 2005–05–14 |
URL: | http://d.repec.org/n?u=RePEc:cla:levrem:784828000000000046&r=gth |