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coalition is given by the sum of the valuations for all other players belonging to it. So far, non-cooperative hedonic games …
Persistent link: https://www.econbiz.de/10012649182
-cooperative solution yields the best results, the noncooperative solution fares worst and the coalition games lie in between, with a broad … coalition of the fiscally more responsible countries and the central bank against the less thrifty countries coming closest to …
Persistent link: https://www.econbiz.de/10011848391
This paper analyses a model of legislative bargaining in which parties form tentative coalitions (protocoalitions) before deciding on the allocation of a resource. Protocoalitions may fail to reach an agreement, in which case they may be dissolved (breakdown) and a new protocoalition may form....
Persistent link: https://www.econbiz.de/10011316670
In this paper, we use a partition function form game to analyze cartel formation among firms in Cournot competition. We assume that a firm obtains a certain cost advantage that allows it to produce goods at a lower unit cost. We show that if the level of the cost advantage is "moderate", then...
Persistent link: https://www.econbiz.de/10012432603
produce for the endogenous formation of an international counterterror coalition. We show that there are quite reasonable … counterterror coalition, holding the choices of all other nations as given. The incentives to join the coalition are the group …-specific benefits from retaliation enjoyed by each coalition member, the relatively lower spillover benefit from retaliation enjoyed by …
Persistent link: https://www.econbiz.de/10013171770
This paper studies how to form an efficient coalition$da group of people. More specifically, we compare two mechanisms … for forming a coalition by running a laboratory experiment and reveal which mechanism leads to higher social surplus. In … who decide to join the meeting form a coalition and earn payoffs according to their actions and individual preferences. As …
Persistent link: https://www.econbiz.de/10012607470
The coalition literature has thrived during the 20th century, and now constitutes not only a consolidated field in … this history, coalition models have played a key role in tailoring explanations about various phenomena such as coalition … that coalition models are designed for. I argue that models come in different flavours, namely: conceptual, whose goal …
Persistent link: https://www.econbiz.de/10012432390
A standard result of coalition formation games is that stable coalitions are very small if the coalition plays Nash vis … coalition are possible if the marginal abatement cost is concave. The paper confirms this result, but shows that abatement … activities by large coalitions smaller than the grand coalition can be very small. This can be ‘repaired’ only by assuming that …
Persistent link: https://www.econbiz.de/10012167810
Coalition formation is often analysed in an almost non-cooperative way, as a two-stage game that consists of a first … coalition structures with abstract physical games in terms of qualitative properties of their primitives. …
Persistent link: https://www.econbiz.de/10012168611
agents. The coalition with the greatest power wins the resource and divides it among its members via proportional sharing. We … by the coalition formation model with farsighted agents. …
Persistent link: https://www.econbiz.de/10012062323