. Constraining choices increases segregation and affects the stability and efficiency of the final allocation. Remarkably, the …

We study the stability of social and economic networks when players are farsighted. In particular, we examine whether …

This paper develops a formal model of exchange network stability that combines expected value theory (Friedkin 1995 … value theory. …

This paper compares stability of international environmental agreements for six different rules of coalition formation … coalitions. From a policy perspective, counterintuitively, it turns out that stability is higher under exclusive than under open … membership and stability increases with the degree of unanimity. We discuss the policy implications of our result for future …

A coalitional matching is a two-sided matching problem in which agents on each side of the market may form coalitions …

efficiency and stability. A skeptical answer is offered, as a reply to Barrett’s (2003) attempt at giving the notion a specific … the externalities involved, as well as with where the source of cooperation lies in cooperative game theory. In either … case, the quest for efficiency is claimed to be at the root of cooperation. Next, cooperation is considered from the point …

This paper studies many-to-one matching market in which each agent’s preferences not only depend on the institution …

agreements need to be stable in order to be effective in increasing the efficiency of water use. In this paper, we assess the … stability of water allocation agreements, using a game theoretic model. We consider the effects of climate change and the choice … of a sharing rule on stability. Our results show that both a decrease in mean river flow and an increase in the variance …