Showing 1 - 10 of 24
This paper considers a class of two-player dynamic games in which each player controls a one-dimensional variable which … we interpret as a level of cooperation. In the base model, there is an irreversibility constraint stating that this …
Persistent link: https://www.econbiz.de/10005146914
voting games. For K > 3 alternatives and n > 3 voters, we find sufficient conditions for the game to be dominance … large, "almost all" games can be classified as either DS or not DS. If the game is DS, a Condorcet Winner always exists when …
Persistent link: https://www.econbiz.de/10005747062
differentiation and the cartel size, to predict endogenous cartels and to carry out a welfare analysis. Both repeated and static games …
Persistent link: https://www.econbiz.de/10005747068
This paper outlines the issues relevant to the operation of lottery games. We consider how such games should be … designed, what a portfolio of games might look like, how the operator should be regulated, how spending on lottery games should … be taxed, and what considerations are relevant to the use of the revenue from such games. …
Persistent link: https://www.econbiz.de/10005747083
We introduce the framework of noncooperative pregames and demonstrate that for all games with sufficiently many players …
Persistent link: https://www.econbiz.de/10005747143
The solution of a reputational equilibrium is given for a class of linear, quadratic, gaussian dynamic games with noisy …
Persistent link: https://www.econbiz.de/10005748197
Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body in which different members have different numbers of votes. Although this approach to the measurement of power, based on co-operative game theory, has been known for a long time its empirical...
Persistent link: https://www.econbiz.de/10005748205
This paper assesses the indices against a set of reasonable criteria in terms of shareholder voting power and the control of the corporation in a large cross section of British companies. Each company is a separate voting body and there is much variation in the distribution of voting shares...
Persistent link: https://www.econbiz.de/10005146829
competitive revelation principle for contracting games in which several principals compete for one privately informed agent. In …
Persistent link: https://www.econbiz.de/10005146848
paper uses new algorithms for computing power indices for large games. …
Persistent link: https://www.econbiz.de/10005146902