Second-order productivity, second-order payoffs, and the Owen value
AbstractWe introduce the concepts of the components’ second-order productivities in cooperative games with transferable utility (TU games) with a coalition structure (CS games) and of the components’ second-order payoffs for one-point solutions for CS games as generalizations of the players’ second-order productivities in TU games and of the players ...
André Casajus, Rodrigue Tido Takeng
exaly +8 more sources
Second-Order Productivity, Second-Order Payoffs And the Banzhaf Value
AbstractFirst, we suggest and discuss second-order versions of properties for solutions for TU games used to characterize the Banzhaf value, in particular, of standardness for two-player games, of the dummy player property, and of 2-efficiency. Then, we provide a number of characterizations of the Banzhaf value invoking the following properties: (i ...
Casajus, André, Tido Takeng, Rodrigue
openaire +4 more sources
Deficiencies of the Prisoner’s Dilemma in Explaining the Emergence of Institutions: Introducing an Alternative [PDF]
Over the past half-century, the impact of the prisoner’s dilemma has transcended its initial boundaries, influencing a broad spectrum of institutional studies and analyses of interdependent systems, such as collective action, public goods, governance of ...
Farshad Momeni, Reza Shohreh
doaj +1 more source
The Relationship between Social Support and Social Resilience of Flood-Affected Women (Case Study: Delgan City) [PDF]
The aim of this study was to investigate the relationship between social support and social resilience of women affected by floods in Delgan. The statistical population of the study was all urban and rural women over 15 years old affected by the flood of
Abdolhossein Daneshvarinasab +2 more
doaj +1 more source
The Weak Convergence Rate of Two Semi-Exact Discretization Schemes for the Heston Model
Inspired by the article Weak Convergence Rate of a Time-Discrete Scheme for the Heston Stochastic Volatility Model, Chao Zheng, SIAM Journal on Numerical Analysis 2017, 55:3, 1243–1263, we studied the weak error of discretization schemes for the Heston ...
Annalena Mickel, Andreas Neuenkirch
doaj +1 more source
Optimal dispatching of electric‐heat‐hydrogen integrated energy system based on Stackelberg game
The interest conflict among entities in the integrated energy system (IES) has a great challenge to operation decisions of IES. With regards to this, an optimal dispatching model of electric‐heat‐hydrogen IES based on Stackelberg game is proposed. First,
Yumin Zhang +5 more
doaj +1 more source
Egoistic punishment outcompetes altruistic punishment in the spatial public goods game
The evolution of costly punishment is a puzzle due to cooperators’ second-order free-riding. Previous studies have proposed many solutions mainly focused on reducing the punishment cost or punishing second-order free riders directly or indirectly.
Juan Li, Yi Liu, Zhen Wang, Haoxiang Xia
doaj +1 more source
Works Councils: An Agency Perspective
This paper investigates the role of works councils in a simple agency framework in which works councils are supposed to monitor manager's information on behalf of the workforce, but they are independent agents who might pursue their private interest ...
Juan M. Gallego
doaj +1 more source
Solving constrained matrix games with fuzzy random linear constraints [PDF]
In real-world games, players may face an uncertain environment where fuzziness and randomness coexist. The main difficulty in dealing with games involving fuzziness and randomness arises when comparing the payoffs.
Djebara Sabiha +2 more
doaj +1 more source
Pricing a resettable convertible bond based on decomposition method and PDE models
In this paper, a partial differential equation approach based on the underlying stock price path decomposition is developed to price an American-style resettable convertible bond.
Zhongdi Cen +3 more
doaj +1 more source

