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This paper establishes sufficient conditions for the existence of a stable coalition structure in the coalition … unanimity game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our … conditions are defined on the strategic form game used to derive the payoffs the game of coalition formation. We show that if no …
Persistent link: https://www.econbiz.de/10011600510
coalition is given by the sum of the valuations for all other players belonging to it. So far, non-cooperative hedonic games …
Persistent link: https://www.econbiz.de/10012649182
schemes in order to influence the government's choice on the level of provision of public goods. Using perfectly coalition …
Persistent link: https://www.econbiz.de/10014219141
players in a two - and three - member coalition in terms of the payoffs. It turns out that in a sequential equilibrium, these … associated with different coalition sizes and structures so that honesty and cheating do matter in this sense …
Persistent link: https://www.econbiz.de/10014222767
The paper studies when efficient allocations are implementable via coalition-proof mechanisms. When ambiguous … implementable via interim coalition incentive compatible mechanisms if and only if the prior distribution of agents’ types satisfies … the Coalition Beliefs Determine Preferences (CBDP) property. When the CBDP property holds, these mechanisms can be …
Persistent link: https://www.econbiz.de/10013242607
We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability … conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the … concepts of refraction and exchanging, we set up conditions of existence and enlargement of a coalition with heterogeneous …
Persistent link: https://www.econbiz.de/10014029312
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This paper studies within a multi-country model with international trade the stability of international environmental agreements (IEAs) when countries regulate carbon emissions either by taxes or caps. Regardless of whether coalitions play Nash or are Stackelberg leaders the principal message is...
Persistent link: https://www.econbiz.de/10010418794