Displaying similar documents to “A game of fair division in the normal form”

Approximations of dynamic Nash games with general state and action spaces and ergodic costs for the players

Tomasz Bielecki (1997)

Applicationes Mathematicae

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The purpose of this paper is to prove existence of an ε -equilib- rium point in a dynamic Nash game with Borel state space and long-run time average cost criteria for the players. The idea of the proof is first to convert the initial game with ergodic costs to an ``equivalent" game endowed with discounted costs for some appropriately chosen value of the discount factor, and then to approximate the discounted Nash game obtained in the first step with a countable state space game for which...

The Give and Take game: Analysis of a resource sharing game

Pedro Mariano, Luís Correia (2015)

International Journal of Applied Mathematics and Computer Science

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We analyse Give and Take, a multi-stage resource sharing game to be played between two players. The payoff is dependent on the possession of an indivisible and durable resource, and in each stage players may either do nothing or, depending on their roles, give the resource or take it. Despite these simple rules, we show that this game has interesting complex dynamics. Unique to Give and Take is the existence of multiple Pareto optimal profiles that can also be Nash equilibria, and a...

Optimal risk sharing as a cooperative game

Łukasz Kuciński (2011)

Applicationes Mathematicae

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The problem of choosing an optimal insurance policy for an individual has recently been better understood, particularly due to the papers by Gajek and Zagrodny. In this paper we study its multi-agent version: we assume that insureds cooperate with one another to maximize their utility function. They create coalitions by bringing their risks to the pool and purchasing a common insurance contract. The resulting outcome is divided according to a certain rule called strategy. We address...

Discrete bidding games.

Develin, Mike, Payne, Sam (2010)

The Electronic Journal of Combinatorics [electronic only]

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Delegation equilibrium payoffs in integer-splitting games

Sylvain Sorin, Cheng Wan (2013)

RAIRO - Operations Research - Recherche Opérationnelle

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This work studies a new strategic game called delegation game. A delegation game is associated to a basic game with a finite number of players where each player has a finite integer weight and her strategy consists in dividing it into several integer parts and assigning each part to one subset of finitely many facilities. In the associated delegation game, a player divides her weight into several integer parts, commits each part to an independent delegate and collects the sum of their...

Yet another hat game.

Paterson, Maura B., Stinson, Douglas R. (2010)

The Electronic Journal of Combinatorics [electronic only]

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Equilibria in constrained concave bimatrix games

Wojciech Połowczuk, Tadeusz Radzik (2013)

Applicationes Mathematicae

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We study a generalization of bimatrix games in which not all pairs of players' pure strategies are admissible. It is shown that under some additional convexity assumptions such games have equilibria of a very simple structure, consisting of two probability distributions with at most two-element supports. Next this result is used to get a theorem about the existence of Nash equilibria in bimatrix games with a possibility of payoffs equal to -∞. The first of these results is a discrete...