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Games, Volume 12, Issue 4

December 2021 - 24 articles

Cover Story: Payments by former cartel members to compensate their victims must reflect their relative responsibilities for the harm caused according to EU laws. The soundest way to operationalize this legal norm is to apply the Shapley value to a cartel equilibrium model. Practitioners draw on relative sales, revenues, or profit shares instead. However, these fail to reflect causal links between individual behavior and harm. There is a pragmatic alternative: use binary simple voting games to describe which cartel configurations can(not) cause significant price increases; then compute the Shapley–Shubik index. View this paper.
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Articles (24)

  • Article
  • Open Access
1 Citations
2,988 Views
17 Pages

17 December 2021

The trade-off between the costs and benefits of disclosing a firm’s private information has been the object of a vast literature. The absence of incentives to share information on a common market demand prior to competition has been advocated t...

  • Article
  • Open Access
2 Citations
2,739 Views
17 Pages

Weighted Scoring Committees

  • Alexander Mayer and
  • Stefan Napel

14 December 2021

Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as they decide between multiple candidates by a given social choice method. We consider committees that apply scoring methods such as pl...

  • Article
  • Open Access
1 Citations
2,981 Views
12 Pages

12 December 2021

Empirical investigation suggests that conflict is path-dependent, i.e., current conflict leads to more conflict in the future. However, there is very little formal theory for why conflict path dependence exists. We propose a mathematical model to exp...

  • Article
  • Open Access
3,591 Views
25 Pages

A Disproportionality Bias in the Bureau of the Regional Assembly of Madrid

  • Omar de la Cruz Vicente,
  • Fernando Tomé Bermejo and
  • Rafael Ramiro Moreno

7 December 2021

This paper analyses the voting behavior of the parliamentary groups in the Regional Assembly of Madrid to appoint the Bureau, its representative body, in all the legislatures since its inception (1983–2021). To this end, the actual result of th...

  • Article
  • Open Access
1 Citations
4,174 Views
25 Pages

On Weights and Quotas for Weighted Majority Voting Games

  • Xavier Molinero,
  • Maria Serna and
  • Marc Taberner-Ortiz

6 December 2021

In this paper, we analyze the frequency distributions of weights and quotas in weighted majority voting games (WMVG) up to eight players. We also show different procedures that allow us to obtain some minimum or minimum sum representations of WMVG, f...

  • Article
  • Open Access
4 Citations
5,714 Views
26 Pages

23 November 2021

Human cooperation, occurring without reciprocation and between unrelated individuals in large populations, represents an evolutionary puzzle. One potential explanation is that cooperative behaviour may be transmitted between individuals via social le...

  • Article
  • Open Access
3 Citations
3,253 Views
15 Pages

19 November 2021

Hierarchical decision-making processes traditionally modeled as bilevel optimization problems are widespread in modern engineering and social systems. In this work, we deal with a leader with a population of followers in a hierarchical order of play....

  • Article
  • Open Access
1 Citations
3,356 Views
21 Pages

9 November 2021

In economic theory, an agent chooses from available alternatives—modeled as a set. In decisions in the field or in the lab, however, agents do not have access to the set of alternatives at once. Instead, alternatives are represented by the outside wo...

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Games - ISSN 2073-4336