Browsing Department of Economics by Subject "JEL Classification Number: D51"

Now showing items 1-3 of 3

    • Cores of Many-Player Games: Nonemptiness and Equal Treatment 
      Wooders, Myrna (Vanderbilt University, 2009)
      This paper provides sufficient conditions to ensure nonemptiness of approximate cores of many-player games and symmetry of approximate core payoffs (the equal treatment property). The conditions are: (a) essential ...
    • Market Games and Clubs 
      Wooders, Myrna (Vanderbilt University, 2009)
      The equivalence of markets and games concerns the relationship between two sorts of structures that appear fundamentally different -- markets and games. Shapley and Shubik (1969) demonstrates that: (1) games derived from ...
    • Status Equilibrium for Local Public Good Economies 
      van den Nouwel, Anne; Wooders, Myrna H. (Vanderbilt University, 2005)
      We introduce a concept of status equilibrium for local public good economies. A status equilibrium specifies one status index for each agent in an economy. These indices determine agents' cost shares in any possible ...