policy. To this end, we expand the modest coalition formation game, in which countries first decide on whether to join an … and emissions. We find that strategic delegation crowds out all efforts to increase coalition sizes by less ambitious …

In standard coalition games, players try to form a coalition to secure a prize and a coalition agreement specifies how … of the prize often takes place after the coalition formation stage. This creates the possibility for some players to ask … strategic disadvantage: a greater voting power in forming a winning coalition is undermined by the threat of being overly …

This paper considers endogenous coalition formations and endogenous technology choices in a model of private provision … contributions by a strategic incentive to adopt lower technology to motivate coalition building by other nations, which in the end …

coalition formation among three countries in order to examine the endogenous strategic considerations in the creation and … enlargement of international unions. Why would we observe a gradualist approach in the formation of the grand coalition even if …

The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV …

This paper uses unique Finnish firm-level micro data on service imports, work-force composition, and firm …