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In this paper, we present two real-world situations in which the standard hypotheses of a bargaining problem do not hold, and discuss how to tackle these situations.
Persistent link: https://www.econbiz.de/10011011346
types of convexity, namely coalitional-merge, individual-merge and marginal convexity. The relations between these types are … convexity are not equivalent. However, all types imply that the core of the game is nonempty. Sufficient conditions on the …
Persistent link: https://www.econbiz.de/10005047564
Managing transboundary river basins is never easy and usually involves conflicts. This paper introduces a special class of games with externalities and issue linkage to promote cooperation on transboundary water resources. The paper analyzes whether issue linkages can be used as a form of...
Persistent link: https://www.econbiz.de/10010587668
The main purpose is to prove the supermodularity (convexity) property of a cooperative game arising from an economical …
Persistent link: https://www.econbiz.de/10009018940