This paper proposes a model of multilateral contracting where players are engaged in two parallel interactions: they dynamically form coalitions and play a repeated normal form game with temporary and permanent decisions. This formulation encompasses many economic models with externalities and...

This paper investigates the structure of bilateral oligopolies - a simple version of Shapley Shubik games with two types of traders and two commodities. It shows that interior equilibria exist, studies the example of CES utility functions to uncover the relation between the complementarity of...

Theoretical models of government formation in political science usually assume that the head of state is non-strategic. In this paper, we analyse the power of an agenda setter who chooses the order in which players are recognised to form coalitions in simple games. We characterise those sets of...