Coalition Formation Among Farsighted Agents

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Coalition Formation Among Farsighted Agents by : Ana Mauleon

Download or read book Coalition Formation Among Farsighted Agents written by Ana Mauleon and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A set of coalition structures P is farsightedly stable (i) if all possible deviations from any coalition structure p belonging to P to a coalition structure outside P are deterred by the threat of ending worse off or equally well off, (ii) if there exists a farsighted improving path from any coalition structure outside the set leading to some coalition structure in the set, and (iii) if there is no proper subset of P satisfying the first two conditions. A non-empty farsightedly stable set always exists. We provide a characterization of unique farsightedly stable sets of coalition structures and we study the relationship between farsighted stability and other concepts such as the largest consistent set and the von Neumann-Morgenstern farsightedly stable set. Finally, we illustrate our results by means of coalition formation games with positive spillovers.

Stable Farsighted Coalitions in Competitive Markets

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Stable Farsighted Coalitions in Competitive Markets by : Mahesh Nagarajan

Download or read book Stable Farsighted Coalitions in Competitive Markets written by Mahesh Nagarajan and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we study dynamic alliance formation among agents in competitive markets. We look at n agents selling substitutable products competing in a market. In this setting, we look at models with deterministic as well as stochastic demand, and use a two stage approach. In Stage 1, agents form alliances (coalitions), and in Stage 2, coalitions make decisions (price and inventory) and compete against each other. Stage 2 is modeled as a competitive game. In Stage 1, to analyze the stability of coalition structures, we use two notions from cooperative games - the Largest Consistent Set (LCS) and the Equilibrium Process of Coalition Formation (EPCF). These two notions allow players to be farsighted. While intuition would suggest that an alliance structure from which a defecting coalition may benefit is not stable, we show that this is not necessarily the case when the agents consider possible reactions of others to their actions. In particular, one such example is that of the grand coalition, which we show to be stable in the farsighted sense, even though players benefit myopically by defecting from it. This intuition can be valuable to firms contemplating strategic alliances with partners in a competitive market. We are also able to characterize some additional stable coalition outcomes. Using these characterizations, we are able to derive some intuition on the impact of the size of the market (n), the degree of competition, the effect of cost parameters, and the variability of the demand process on the prices, inventory levels, and structure of the market. We discuss the possible strategic implications of our results to firms in a competitive market and to new entrants.

Farsightedness and cautiousness in coalition formation

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Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (226 download)

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Book Synopsis Farsightedness and cautiousness in coalition formation by : Ana Mauleon

Download or read book Farsightedness and cautiousness in coalition formation written by Ana Mauleon and published by . This book was released on 2003 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Game-Theoretic Perspective on Coalition Formation

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Publisher : Oxford University Press
ISBN 13 : 019920795X
Total Pages : 336 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis A Game-Theoretic Perspective on Coalition Formation by : Debraj Ray

Download or read book A Game-Theoretic Perspective on Coalition Formation written by Debraj Ray and published by Oxford University Press. This book was released on 2007-11 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon and extending his inaugural Lipsey Lectures, Debraj Ray looks at coalition formation from the perspective of game theory. Ray brings together developments in both cooperative and noncooperative game theory to study the analytics of coalition formation and binding agreements.

The Oxford Handbook of the Economics of Peace and Conflict

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Publisher : OUP USA
ISBN 13 : 0195392779
Total Pages : 889 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis The Oxford Handbook of the Economics of Peace and Conflict by : Michelle R. Garfinkel

Download or read book The Oxford Handbook of the Economics of Peace and Conflict written by Michelle R. Garfinkel and published by OUP USA. This book was released on 2012-04-20 with total page 889 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook brings together contributions from leading scholars who take an economic perspective to study peace and conflict. Some chapters are largely empirical, exploring the correlates and quantifying the costs of conflict. Others are more theoretical, examining the mechanisms that lead to war or are more conducive to peace.

Multi-Agent Systems and Applications V

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Publisher : Springer Science & Business Media
ISBN 13 : 3540752536
Total Pages : 362 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Multi-Agent Systems and Applications V by : Hans-Dieter Burkhard

Download or read book Multi-Agent Systems and Applications V written by Hans-Dieter Burkhard and published by Springer Science & Business Media. This book was released on 2007-09-17 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 5th International Central and Eastern European Conference on Multi-Agent Systems, CEEMAS 2007, held in Leipzig, Germany, September 25-27, 2007. The 29 revised full papers and 17 revised short papers presented together with an invited paper were carefully reviewed and selected from 84 submissions. The papers cover a wide range of areas.

Handbook of Social Economics SET: 1A, 1B

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Publisher : Newnes
ISBN 13 : 0444537139
Total Pages : 1509 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Social Economics SET: 1A, 1B by : Jess Benhabib

Download or read book Handbook of Social Economics SET: 1A, 1B written by Jess Benhabib and published by Newnes. This book was released on 2011 with total page 1509 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function

Group Formation in Economics

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Publisher : Cambridge University Press
ISBN 13 : 9781139444415
Total Pages : 500 pages
Book Rating : 4.4/5 (444 download)

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Book Synopsis Group Formation in Economics by : Gabrielle Demange

Download or read book Group Formation in Economics written by Gabrielle Demange and published by Cambridge University Press. This book was released on 2005-01-10 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Broad and diverse ranges of activities are conducted within and by organized groups of individuals, including political, economic and social activities. These activities have become a subject of intense interest in economics and game theory. Some of the topics investigated in this collection are models of networks of power and privilege, trade networks, co-authorship networks, buyer–seller networks with differentiated products, and networks of medical innovation and the adaptation of new information. Other topics are social norms on punctuality, clubs and the provision of club goods and public goods, research and development and collusive alliances among corporations, and international alliances and trading agreements. While relatively recent, the literature on game theoretic studies of group formation in economics is already vast. This volume provides an introduction to this important literature on game-theoretic treatments of situations with networks, clubs, and coalitions, including some applications.

Handbook of Social Economics

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Publisher : Elsevier
ISBN 13 : 0080932444
Total Pages : 939 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Handbook of Social Economics by :

Download or read book Handbook of Social Economics written by and published by Elsevier. This book was released on 2010-11-26 with total page 939 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can economists define social preferences and interactions? Culture, familial beliefs, religion, and other sources contain the origins of social preferences. Those preferences--the desire for social status, for instance, or the disinclination to receive financial support--often accompany predictable economic outcomes. Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Their work brings order to the sometimes conflicting claims that countries, environments, beliefs, and other influences make on our economic decisions. Describes recent scholarship on social choice and introduces new evidence about social preferences Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences

Global Cooperation and the Human Factor in International Relations

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Publisher : Routledge
ISBN 13 : 1317430778
Total Pages : 290 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Global Cooperation and the Human Factor in International Relations by : Dirk Messner

Download or read book Global Cooperation and the Human Factor in International Relations written by Dirk Messner and published by Routledge. This book was released on 2015-12-14 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to pave the way for a new interdisciplinary approach to global cooperation research. It does so by bringing in disciplines whose insights about human behaviour might provide a crucial yet hitherto neglected foundation for understanding how and under which conditions global cooperation can succeed. As the first profoundly interdisciplinary book dealing with global cooperation, it provides the state of the art on human cooperation in selected disciplines (evolutionary anthropology and biology, decision-sciences, social psychology, complex system sciences), written by leading experts. The book argues that scholars in the field of global governance should know and could learn from what other disciplines tell us about the capabilities and limits of humans to cooperate. This new knowledge will generate food for thought and cause creative disturbances, allowing us a different interpretation of the obstacles to cooperation observed in world politics today. It also offers first accounts of interdisciplinary global cooperation research, for instance by exploring the possibilities and consequences of global we-identities, by describing the basic cooperation mechanism that are valid across disciplines, or by bringing an evolutionary perspective to diplomacy. This book will be of great interest to scholars and postgraduates in International Relations, Global Governance and International Development.

Handbook of Game Theory

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Publisher : Elsevier
ISBN 13 : 0444537678
Total Pages : 1025 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Game Theory by : Petyon Young

Download or read book Handbook of Game Theory written by Petyon Young and published by Elsevier. This book was released on 2014-10-01 with total page 1025 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to understand and predict behavior in strategic situations, in which an individual’s success in making choices depends on the choices of others, has been the domain of game theory since the 1950s. Developing the theories at the heart of game theory has resulted in 8 Nobel Prizes and insights that researchers in many fields continue to develop. In Volume 4, top scholars synthesize and analyze mainstream scholarship on games and economic behavior, providing an updated account of developments in game theory since the 2002 publication of Volume 3, which only covers work through the mid 1990s. Focuses on innovation in games and economic behavior Presents coherent summaries of subjects in game theory Makes details about game theory accessible to scholars in fields outside economics

Coalition Formation Among Rational Agents in Uncertain and Untrustworthy Environments

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (885 download)

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Book Synopsis Coalition Formation Among Rational Agents in Uncertain and Untrustworthy Environments by : Bastian Blankenburg

Download or read book Coalition Formation Among Rational Agents in Uncertain and Untrustworthy Environments written by Bastian Blankenburg and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Agent-Mediated Electronic Commerce. Automated Negotiation and Strategy Design for Electronic Markets

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Publisher : Springer
ISBN 13 : 3540725024
Total Pages : 256 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Agent-Mediated Electronic Commerce. Automated Negotiation and Strategy Design for Electronic Markets by : Maria Fasli

Download or read book Agent-Mediated Electronic Commerce. Automated Negotiation and Strategy Design for Electronic Markets written by Maria Fasli and published by Springer. This book was released on 2007-06-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post-proceedings of the joint International Workshops on Trading Agent Design and Analysis, TADA 2006, and on Agent Mediated Electronic Commerce, AMEC VIII 2006, held in Hakodate, Japan. The papers address a mix of both theoretical and practical issues in trading agent design and technologies, theoretical and empirical evaluation of strategies in complex trading scenarios as well as mechanism design.

On coalition formation with heterogeneous agents

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ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (535 download)

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Book Synopsis On coalition formation with heterogeneous agents by : Alejandro Caparrós

Download or read book On coalition formation with heterogeneous agents written by Alejandro Caparrós and published by . This book was released on 2004 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Connections Among Farsighted Agents

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (551 download)

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Book Synopsis Connections Among Farsighted Agents by : Gilles Gandjean

Download or read book Connections Among Farsighted Agents written by Gilles Gandjean and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The New Palgrave Dictionary of Economics

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Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)

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Book Synopsis The New Palgrave Dictionary of Economics by :

Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Dynamic Processes of Social and Economic Interactions

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.X/5 (6 download)

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Book Synopsis Dynamic Processes of Social and Economic Interactions by : Armando R. Gomes

Download or read book Dynamic Processes of Social and Economic Interactions written by Armando R. Gomes and published by . This book was released on 2001 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: