Showing 1 - 10 of 75
Persistent link: https://www.econbiz.de/10005823948
We consider collective choice problems where a set of agents have to choose an alternative from a finite set and agents may or may not become users of the chosen alternative. An allocation is a pair given by the chosen alternative and the set of its users. Agents have gregarious preferences over...
Persistent link: https://www.econbiz.de/10005823903
We consider a set of agents who have to choose one alternative among a finite set of social alternatives. A final allocation is a pair given by the selected alternative and the group of its users. Agents have crowding preferences over allocations: between any pair of allocations with the same...
Persistent link: https://www.econbiz.de/10008498413
We study how conflict in a contest game is influenced by rival parties being groups and by group members being able to punish each other. Our main motivation stems from the analysis of socio-political conflict. The relevant theoretical prediction in our setting is that conflict expenditures are...
Persistent link: https://www.econbiz.de/10005168474
We propose a definition of egalitarian equivalence that extends Pazner and Schmeidler's (1978) concept to environments with incomplete information. If every feasible allocation rule can be implemented by an incentive compatible mechanism (as, for instance, in the case of non-exclusive...
Persistent link: https://www.econbiz.de/10008592871
We consider environments in which agents can cooperate on multiple issues and externalities are present both within and across issues. We propose a way to extend (Shapley) values that have been put forward to deal with externalities within issues to games where there are externalities within and...
Persistent link: https://www.econbiz.de/10009278197
deciding upon the distribution of the gains (costs) of cooperation in the presence of externalities. This method is shown to be …
Persistent link: https://www.econbiz.de/10005823913
We implement a family of efficient proposals to share benefits generated in environments with externalities. These proposals extend the Shapley value to games with externalities and are parametrized through the method by which the externalities are averaged. We construct two slightly different...
Persistent link: https://www.econbiz.de/10005823915
The Kyoto Protocol sets national quotas on CO2 emissions and allows international trade of these quotas. We argue that this trade is characterized by asymmetric, identity-dependent externalities, and show that bilateral trade may not be sufficient for an efficient allocation of emissions. We...
Persistent link: https://www.econbiz.de/10005168454
We consider cooperative environments with externalities (games in partition function form) and provide a recursive definition of dividends for each coalition and any partition of the players it belongs to. We show that with this definition and equal sharing of these dividends the averaged sum of...
Persistent link: https://www.econbiz.de/10005168502