Showing 1 - 10 of 13
We consider a model of the “world" with several regions that may create a unified entity or be partitioned into several unions (countries). The regions have distinct preferences over policies chosen in the country to which they belong and equally share the cost of public policies. It is known...
Persistent link: https://www.econbiz.de/10004965210
Previous allocation rules for network games, such as the Myerson Value, implicitly or explicitly take the network structure as fixed. In many situations, however, the network structure can be altered by players. This means that the value of alternative network structures (not just sub-networks)...
Persistent link: https://www.econbiz.de/10005423065
Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no cost. Very little information is available to market participants and trade takes place at many different prices simultaneously. We propose a decentralized, completely uncoupled...
Persistent link: https://www.econbiz.de/10010665513
single link towards a weak agent. Once agents do not know the impatience of the other agents, each bilateral bargaining …
Persistent link: https://www.econbiz.de/10010904918
This paper studies bargaining and exchange in a networked market with intermediation. Possibilities to trade are … different feasible routes. Using a stochastic model of bargaining, I characterize stationary equilibrium payoffs as the fixed … efficient. The inefficiency arises from a hold-up threat and the inability of bargaining parties credibly to commit to a split …
Persistent link: https://www.econbiz.de/10010555589
new power configuration which takes into account bargaining among players in coalitions. We show that under very weak … conditions on a bargaining solution there is a power configuration which is stable with respect to renegotiations. We further … different bargaining solutions on apex games and show under which conditions there are core stable coalitions. Finally, we …
Persistent link: https://www.econbiz.de/10010833942
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of … multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of … problem and conduct comparative static analyses to assess sources of bargaining power. Finally, we explore the implications of …
Persistent link: https://www.econbiz.de/10005423099
Bargaining is ubiquitous in real-life. It is a major dimension of political and business activities. It appears at the … international negotiations. By reviewing non-cooperative bargaining theory, non-cooperative coalition theory, and the theory of fair …
Persistent link: https://www.econbiz.de/10005423215
The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is … on some dimensions of the bargaining process – asymmetries and uncertainties in particular – by using a non … most economic situations, uncertainty crucially affects also bargaining processes. Therefore, in our analysis, we introduce …
Persistent link: https://www.econbiz.de/10005423226
We consider a situation where groups negotiate over the allocation of a surplus (which is used to fund group specific goods). Each group is composed of agents who have differing valuations for public goods. Members choose a representative to take decisions on their behalf. Specifically,...
Persistent link: https://www.econbiz.de/10008674333