Showing 1 - 10 of 543
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
solutions: 𝐧∗, which is a focal prediction of coalition structure in a class of noncooperative coalitional bargaining games … equilibrium coalition structure (based on the latter notion) is never finer than 𝐧∗, and we provide a sufficient and necessary … condition for these two solutions to generate the same coalition structure (i.e., the two solutions coincide if and only if the …
Persistent link: https://www.econbiz.de/10015433876
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
In the Inverse Set, relative to the Shapley Value of a non-convex cooperative game, we derive a procedure to find out a convex game in which the Egalitarian Allocation is a coalitional rational value. The procedure depends on the relationship between two parameters called the Convexity Threshold...
Persistent link: https://www.econbiz.de/10013172495
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
motivated citizen groups form parties, voting occurs and governments are formed. We study the coalition governments that emerge … coalition formation game affects the incentives for party formation. In particular, we show that when the rents from office are …
Persistent link: https://www.econbiz.de/10013367780
Free riding incentives make it difficult to control climate change. To improve the chances of the Paris Agreement's ambitious goal, many nations are forming scientific networks in carbon capture and storage (CCS). These networks take many forms (bilateral, hub-and-spoke, and multilateral)....
Persistent link: https://www.econbiz.de/10013171806