Showing 1 - 10 of 42
In this paper, we study the optimal number of active firms in acoalition and in a merger. We consider two kinds of game : a merger gameand a coalition game, both in the context of price competition with horizontalproduct differentiation. These are two-stage games. The first stage consistsof...
Persistent link: https://www.econbiz.de/10008791188
This paper proposes new concepts of strong and coalition-proof correlated equilibria where agents form coalitions at …
Persistent link: https://www.econbiz.de/10008793449
This paper analyses harmonization on fuel taxes between two coalitions. Harmonization is considered as a tool to … coalitions is small enough. In this case, however, financial transfers between coalitions can stabilize harmonization … instability: not only the size, but also the composition of coalitions matters. Furthermore, the level of environmental damages …
Persistent link: https://www.econbiz.de/10008793595
-regulation and reputation mechanisms at the core of private ordering have limitations that collective organizations backed by the Law …
Persistent link: https://www.econbiz.de/10010635194
question of core stability of the grand coalition, namely: is there a subset of bidders that prefers forming a small bidding … the grand coalition is not necessarily core stable, as opposed to the zero externality case, where the stability of the …
Persistent link: https://www.econbiz.de/10009211251
allocation of resource and compensations among generations. Fairness is defined by core lower bounds and aspiration upper bounds …. The core lower bounds require that every coalition of generations obtains at least what it could achieve by itself. The …
Persistent link: https://www.econbiz.de/10009322910
Finding a solution concept is one of the central problems in cooperative game theory, and the notion of core is the … coalitions can form, so that classical TU-games cannot be used. An interesting case is when possible coalitions are defined … through a partial ordering of the players (or hierarchy). Then feasible coalitions correspond to teams of players, that is …
Persistent link: https://www.econbiz.de/10010738449
We study the structure of unstable local effectivity functions defined for n players and p alternatives. A stability index based on the notion of cycle is introduced. In the particular case of simple games, the stability index is closely related to the Nakamura Number. In general it may be any...
Persistent link: https://www.econbiz.de/10010738469
Despite the large number of its references, this paper is less a survey than a systematic exposition, in an unifying framework and assuming convexity as well on the consumption side as on the production side, of the different equilibrium concepts elaborated for studying provision of public...
Persistent link: https://www.econbiz.de/10010738483
An element of the possibly unbounded core of a cooperative game with precedence constraints belongs to its bounded core … if any transfer to a player from any of her subordinates results in payoffs outside the core. The bounded core is the … union of all bounded faces of the core, it is nonempty if the core is nonempty, and it is a continuous correspondence on …
Persistent link: https://www.econbiz.de/10010658915