Showing 1 - 9 of 9
A spatial model of coalition formation is used together with data from Dutch elections and theoretical instances to study different procedures of coalition formation. The model shows that procedure plays an important role in reaching a coalition agreement and that political parties do not...
Persistent link: https://www.econbiz.de/10009647514
This paper aims at discovering the national influences inside the Governing Council of the ECB for setting interest rates. We use a textual analysis of national newspaper articles related to each European central banker to analyze their expressed preferences. We proceed to a cluster analysis...
Persistent link: https://www.econbiz.de/10010899489
The coalition formation problem in an economy with externalities can be adequately modeled by using games in partition function form (PFF games), proposed by Thrall and Lucas. If we suppose that forming the grand coalition generates the largest total surplus, a central question is how to...
Persistent link: https://www.econbiz.de/10010635158
A spatial model of coalition formation is used together with data from Dutch elections and theoretical instances to study different procedures of coalition formation. The model shows that procedure plays an important role in reaching a coalition agreement and that political parties do not...
Persistent link: https://www.econbiz.de/10011025572
We consider in this paper solutions for TU-games where it is not assumed that the grand coalition is necessarily the final state of cooperation. Partitions of the grand coalition, or balanced collections together with a system of balancing weights interpreted as a time allocation vector are...
Persistent link: https://www.econbiz.de/10011025825
In coalitional games with side payments, the core predicts which coalitions form and how benefits are shared. The predictions however run into difficulties if the core is empty or if some coalitions benefit from not blocking truthfully. These difficulties are analyzed in games in which an a...
Persistent link: https://www.econbiz.de/10010738801
The purpose of this paper is to examine the incentive of a player to join a syndicate in an environment of team production and payoff distribution according to Shapley value. We consider an economy in which a single output is produced by an increasing returns to scale production function using...
Persistent link: https://www.econbiz.de/10010602580
We present an application of relational algebra to coalition formation. This leads to specifications, which can be executed with the help of the RelView tool after a simple translation into the tool's programming language. As an example we consider a simplification of the situation in Poland...
Persistent link: https://www.econbiz.de/10008791525
In this paper, we analyze a spatial model of coalition formation with data from Dutch elections and with theoretical results. First, we study different procedures of coalition formation. The model shows that procedure plays an important role in reaching a coalition agreement and that political...
Persistent link: https://www.econbiz.de/10008792750