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Persistent link: https://www.econbiz.de/10015210771
The main contribution of the paper is to provide a weaker non-satiation assumption than the one commonly used in the literature to ensure the existence of competitive equilibrium. Our assumption allows for satiation points in the set of individually feasible consumptions, provided that the...
Persistent link: https://www.econbiz.de/10005220165
In the classical setting of cooperative game theory, it is always assumed that all coalitions are feasible. However in …
Persistent link: https://www.econbiz.de/10008622031
Simple games are a powerful tool to analyze decision-making and coalition formation in social and political life. In this paper we present relational models of simple games and develop relational algorithms for solving some game-theoretic basic problems. The algorithms immediately can be...
Persistent link: https://www.econbiz.de/10009003407
Finding a solution concept is one of the central problems in cooperative game theory, and the notion of core is the … core, which imposes efficiency of the allocation at each level of the hierarchy, and answers the problem of sharing …
Persistent link: https://www.econbiz.de/10005670861
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/10005696760
This paper studies the link between the design of international environmental agreements and the incentives for the private sector to invest in cleaner technologies. More specifically, it compares the performance, in the Paretoo sense, of two types of agreement : an agreement on a uniform...
Persistent link: https://www.econbiz.de/10005696761
This note proposes an example which contradicts the idea that similar countries will negotiate an agreement on a uniform standard. It shows that strictly identical countries may have an interest in reducing their emissions differently, and not in a uniform way. This result relies on the...
Persistent link: https://www.econbiz.de/10005696769
coalition structure. The strength of a graph is a measure introduced in graph theory to evaluate the resistance of networks …
Persistent link: https://www.econbiz.de/10009359830
We consider a model of influence with a set of non-strategic agents and two strategic agents. The non-strategic agents have initial opinions and are linked through a simply connected network. They update their opinions as in the DeGroot model. The two strategic agents have fixed opinions, 1 and...
Persistent link: https://www.econbiz.de/10011194457