Showing 1 - 10 of 726
When there are three parties, it is well known that the Coase Theorem may not hold even when there are no transaction costs, due to the emptiness of the core of the corresponding cooperative game [Aivazian and Callen (1981)]. We show that the standard Coasean bargaining game involving three...
Persistent link: https://www.econbiz.de/10011107924
We present a novel algorithm to determine the payoff-space of certain normal-form C1 parametric games, and - more generally - of continuous families of normal-form C1 games. The algorithm has been implemented by using MATLAB, and it has been applied to several examples. The implementation of the...
Persistent link: https://www.econbiz.de/10009151286
The paper proposes a model of coopetitive-game (of normal-form type) and devote it to Greek crisis, conceiving this model at a macro level, with the aim of rebalancing the current account of Greece. The authors construct the game trying to represent feasible scenarios of the strategic...
Persistent link: https://www.econbiz.de/10011259675
The present paper provides a model of coopetitive game for environmental sustainability of a global green economy, looking for a win-win solution within a complex construct of a type originally devised by Branderburger and Nalebuff. The model here suggested is environmental sustainable since it...
Persistent link: https://www.econbiz.de/10011260256
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...
Persistent link: https://www.econbiz.de/10005260247
This paper provides a coopetitive model for a global green economy taking into account the environmental sustainability. In particular we propose a differentiable coopetitive game G (in the sense recently introduced by D. Carfì) to represent a basic green economy interaction among a country c...
Persistent link: https://www.econbiz.de/10009652028
The paper proposes a coopetitive model for the Green Economy. It addresses the issue of the climate change policy and the creation and diffusion of low-carbon technologies. In the present paper the complex construct of coopetiton is applied at macroeconomic level. The model, based on Game...
Persistent link: https://www.econbiz.de/10009369174
Different structures of lignite mines and power stations, which have appeared on the Polish market as a result of its transformation and the privatisation, were discussed. The attention is focused on the fact that the practice is overtaking the theory because there is lack of models of...
Persistent link: https://www.econbiz.de/10005836050
For methods of the profit division in the bilateral monopoly of the mine and the power station sug-gested in the first part of this paper the formulae for lignite price and shares in the joint profit of the mine and the power station are calculated. The proposed profit division contain: the...
Persistent link: https://www.econbiz.de/10005836131
In this note we challenge the non-cooperative foundations of cooperative bargaining solutions on the grounds that the limit operation for approaching a frictionless world is not robusto We show that when discounting almost ceases to play a role, any individually rational payoff can be supported...
Persistent link: https://www.econbiz.de/10008527369