Showing 1 - 10 of 39
-cooperative coalition formation. In particular, we address the following questions. 1) Do ancillary benefits increase participation in …
Persistent link: https://www.econbiz.de/10005230868
. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance between countries, a …
Persistent link: https://www.econbiz.de/10005385500
Assume that players strictly rank each other as coalition partners. We propose a procedure whereby they “fall back” on … their preferences, yielding internally compatible, or coherent, majority coalition(s), which we call fallback coalitions. If … there is more than one fallback coalition, the players common to them, or kingmakers, determine which fallback coalition …
Persistent link: https://www.econbiz.de/10005008013
We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability … conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the … concepts of refraction and exchanging, we set up conditions of existence and enlargement of a coalition with heterogeneous …
Persistent link: https://www.econbiz.de/10005423198
Inequity aversion models have been used to explain equitable payoff divisions in bargaining games. I show that inequity aversion can actually increase the asymmetry of payoff division if unanimity is not required. This is due to the analogy between inequity aversion and risk aversion. Inequity...
Persistent link: https://www.econbiz.de/10005385364
We consider the class of proper monotonic simple games and study coalition formation when an exogenous share vector and …
Persistent link: https://www.econbiz.de/10005385389
This paper establishes sufficient conditions for the existence of a stable coalition structure in the ”coalition … unanimity” game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our … conditions are defined on the strategic form game used to derive the payoffs the game of coalition formation. We show that if no …
Persistent link: https://www.econbiz.de/10005385412
polluting firms have - under mild conditions - an incentive to join a coalition whose members mutually truthfully exchange …
Persistent link: https://www.econbiz.de/10005385420
We analyze with an integrated assessment model of climate change the formation of interna-tional environmental agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax the assumptions of a single agreement and open...
Persistent link: https://www.econbiz.de/10005385422
. In such a representation, it is the strategy of the agents to find the best coalition to join. Previous work into QCGs … has investigated the computational complexity of determining which is the best coalition to join. We plan to expand on …
Persistent link: https://www.econbiz.de/10005385439