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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 …
Persistent link: https://www.econbiz.de/10013314772
strategic disadvantage: a greater voting power in forming a winning coalition is undermined by the threat of being overly …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 …
Persistent link: https://www.econbiz.de/10013235112
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 …
Persistent link: https://www.econbiz.de/10013316888
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 …
Persistent link: https://www.econbiz.de/10013323874
This paper considers the endogenous formation of an institution to provide a public good. If the institution governs only its members, players have an incentive to free ride on the institution formation of others and the social dilemma is simply shifted to a higher level. Addressing this...
Persistent link: https://www.econbiz.de/10010280850
game approach of the endogenous coalition formation literature. The specific policy recommendations in the EMU context …
Persistent link: https://www.econbiz.de/10010261121
Changes in product characteristics on the extensive margin are an important and hitherto neglected dimension of quality change. Standard techniques for quality-adjusting price indices cannot handle such changes satisfactorily, which leads to an economically and statistically significant bias in...
Persistent link: https://www.econbiz.de/10012891565
We focus on the housing market and examine why nonlocal home buyers (NLBs) pay 15 percent more for houses than local home buyers (LBs). We estimate a housing demand model that returns heterogeneous willingness to pay parameters for housing attributes. Our results show that NLBs are willing to...
Persistent link: https://www.econbiz.de/10012832077
We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income …
Persistent link: https://www.econbiz.de/10010271868
productivity. Nevertheless, only a minority of sessions converge to this system, indicating a tendency for the voting process to …
Persistent link: https://www.econbiz.de/10010276039