Showing 1 - 10 of 41
This paper analyzes the stability of capital tax harmonization agreements in a stylized model where countries have formed coalitions which set a common tax rate in order to avoid the inefficient fully non-cooperative Nash equilibrium. In particular, for a given coalition structure we study to...
Persistent link: https://www.econbiz.de/10009652484
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining games with complete information. We show that the set of asymmetric Nash bargaining solutions for different strictly positive vectors of weights coincides with the inner core...
Persistent link: https://www.econbiz.de/10009283541
We develop a procedure for implementing an efficient and envy-free allocation of m objects among n individuals with the possibility of monetary side-payments. The procedure eliminates envy by compensating envious players. It is fully descriptive and says explicitly which compensations should be...
Persistent link: https://www.econbiz.de/10008631406
By viewing negotiation problems as problems of fair division, one can apply intuitive procedures to a variety of complex conflicts. This, however, requires the negotiated issues to be interpreted as items to be divided among the parties involved. In this paper, we go in the opposite direction...
Persistent link: https://www.econbiz.de/10008631410
This paper investigates conditions under which the core of a TU cooperative game is stable. In particular the author extends the idea of extendability to find new conditions under which the core is stable. It is also shown that these new conditions are not necessary for core stability.
Persistent link: https://www.econbiz.de/10005812800
In this paper we study hedonic coalition formation games in which players. preferences over coalitions are induced by a semi-value of a monotonic simple game with veto control. We consider partitions of the player set in which the winning coalition contains the union of all minimal winning...
Persistent link: https://www.econbiz.de/10005812803
This article provides an exact non-cooperative foundation of the sequential Raiffa solution for two person bargaining games. Based on an approximate foundation due to Myerson (1997) for any two-person bargaining game (S, d) an extensive form game G^{S,d} is defined that has an infinity of weakly...
Persistent link: https://www.econbiz.de/10008543232
We are concerned with the problem of core membership testing for hedonic coalition formation games, which is to decide whether a certain coalition structure belongs to the core of a given game. We show that this problem is co-NP complete when players' preferences are additive.
Persistent link: https://www.econbiz.de/10005002263
This paper investigates the suitability of apportionment methods based on the idea of preserving the coalition function of the simple game represented by the populations of the states. The results show that an apportionment method which satisfies desirable properties such as population...
Persistent link: https://www.econbiz.de/10005002266
We consider the class of proper monotonic simple games and study coalition formation when an exogenous share vector and a solution concept are combined to guide the distribution of coalitional worth. Using a multiplicative composite solution, we induce players' preferences over coalitions in a...
Persistent link: https://www.econbiz.de/10005002268