The dual motives of housing behaviour, consumption and investment, make the analysis of housing purchases quite difficult. Nevertheless, it is better to refer to a model that keeps the two-dimensional aspects of housing. In the absence of institutional considerations, this model predicts that it...

We consider a Society which as to make a finite dimensional collective decision, and study the "stability" of the public arrangements made in the Society when considering the threats that potential coalitions may generate. We refer for that to the standard cooperative approach based on the...