Showing 1 - 10 of 107
Organizations often face the challenge of communicating their strategies to local decision makers. The difficulty presents itself in finding a way to measure performance wich meaningfully conveys how to implement the organization's strategy at local levels. I show that organizations solve this...
Persistent link: https://www.econbiz.de/10005827460
We present a novel approach to N-person bargaining, based on the idea that the agreement reached in a negotiation is determined by how the direct conflict resulting from disagreement would be resolved. Our basic building block is the disagreement function, which maps each set of feasible...
Persistent link: https://www.econbiz.de/10005572627
This paper explores the relationships between noncooperative bargaining games and the consistent value for non-transferable utility (NTU) cooperative games. A dynamic approach to the consistent value for NTU games is introduced: the consistent vector field. The main contribution of the paper is...
Persistent link: https://www.econbiz.de/10005827436
The mechanisms in the Nash program for cooperative games are made compatible with the framework of the theory of implementation. This is done through a reinterpretation of the characteristic function that avoids feasibility problems, thereby allowing an analysis that focuses exclusively on the...
Persistent link: https://www.econbiz.de/10005772396
Experiments in which subjects play simultaneously several finite prisoner's dilemma supergames with and without an outside option reveal that: (i) subjects use probabilistic start and endeffect behaviour, (ii) the freedom to choose whether to play the prisoner's dilemma game enhances...
Persistent link: https://www.econbiz.de/10005248451
Equivalence classes of normal form games are defined using the geometry of correspondences of standard equilibiurm concepts like correlated, Nash, and robust equilibrium or risk dominance and rationalizability. Resulting equivalence classes are fully characterized and compared across different...
Persistent link: https://www.econbiz.de/10005572643
In this paper we analyze sanctioning policies in international law. We develop a model of international military conflict where the conflicting countries can be a target of international sanctions. These sanctions constitute an equilibrium outcome of an international political market for...
Persistent link: https://www.econbiz.de/10005772173
Political party formation and coalition building in the European Parliament is being a driving force for making governance of the highly pluralistic European Union relatively effective and consensual. In spite of successive enlargements and the very high number of electoral parties obtaining...
Persistent link: https://www.econbiz.de/10005704968
This paper deals with changes in managerial practices in Catalonia in an age of nascent capitalism (1830-1925) and adaptive family strategies in order to face the absence of state welfare. During the 19 t h Century and in the absence of recorded labor contracts, human resources of the firm were...
Persistent link: https://www.econbiz.de/10005708025
We characterize the prekernel of NTU games by means of consistency, converse consistency, and five axioms of the Nash type on bilateral problems. The intersection of the prekernel and the core is also characterized with the same axioms over the class of games where the core is nonempty.
Persistent link: https://www.econbiz.de/10005827494