Forming and Dissolving Partnerships in Cooperative Game Situations

Dissolving (in)effective partnerships

This paper studies the problem of partnership dissolution in the context of asymmetric information. Past work has shown that ownership share endowments, interdependence of partners’ valuations, and asymmetric control all affect the possibility of efficient dissolution. In this paper, I argue that the effectiveness of the existing partnership in generating value, which has not been studied, is o...

Dissolving Multi-Partnerships Efficiently∗

I study a market where agents with unit demand jointly own heterogeneous goods. In this market, the existence of an efficient, incentive compatible, individually rational, and budget balanced mechanism depends on the shares of the agents. I characterize the set of shares for which having such a mechanism is possible. This set includes the symmetric allocation and excludes the allocation in whic...

Ethical quandary forming hospital partnerships.

Convexity in Stochastic Cooperative Situations

This paper introduces a new model concerning cooperative situations in which the payoffs are modeled by random variables. First, we study adequate preference relations of the agents. Next, we define corresponding cooperative games and we introduce and study various basic notions like an allocation, the core and marginal vectors. Furthermore, we introduce three types of convexity, namely coaliti...

Forming partnerships in a virtual factory

In the evolving paradigm known as ”agile operations”, conceptual and visionary descriptions are progressively becoming abundant. Rigorous treatments leading to operable solutions, on the other hand, are scarce and in need of development. Formation of partnerships ranging from rudimentary supplier type relationships to strategic alliances comprise an aspect of agile operations called the ”virtua...