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Questions of burden sharing receive increasing attention in the climate change regime. This paper introduces the WESA-mechanism (WESA = Walrasian Equilibrium with the Stand Alone upper bound) for the fair division of common property resources and monetary compensations. Furthermore, the...
Persistent link: https://www.econbiz.de/10011608509
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision.
Persistent link: https://www.econbiz.de/10010279415
coalition formation in such a setting. Our analysis proceeds by defining on a partition function an extensive form bargaining …
Persistent link: https://www.econbiz.de/10011608412
the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at …
Persistent link: https://www.econbiz.de/10010272385
We consider a situation where groups negotiate over the allocation of a surplus (which is used to fund group specific goods). Each group is composed of agents who have differing valuations for public goods. Members choose a representative to take decisions on their behalf. Specifically,...
Persistent link: https://www.econbiz.de/10010272404
In "Bargaining to Lose: The Permeability Approach to Post Transition Resource Extraction" [1] Natasha Chichilnisky … state as a decision maker having the public good as an objective, and replaces it by the results of a bargaining game … of copper and gold mines in Mongolia and Zambia, and focuses on a bargaining game between the state and key financial …
Persistent link: https://www.econbiz.de/10011451170
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of … multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of … problem and conduct comparative static analyses to assess sources of bargaining power. Finally, we explore the implications of …
Persistent link: https://www.econbiz.de/10010312354
Bargaining is ubiquitous in real-life. It is a major dimension of political and business activities. It appears at the … international negotiations. By reviewing non-cooperative bargaining theory, non-cooperative coalition theory, and the theory of fair …
Persistent link: https://www.econbiz.de/10010312450
The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is … on some dimensions of the bargaining process - asymmetries and uncertainties in particular - by using a non … most economic situations, uncertainty crucially affects also bargaining processes. Therefore, in our analysis, we introduce …
Persistent link: https://www.econbiz.de/10010312580
This paper studies bargaining and exchange in a networked market with intermediation. Possibilities to trade are … different feasible routes. Using a stochastic model of bargaining, I characterize stationary equilibrium payoffs as the fixed … efficient. The inefficiency arises from a hold-up threat and the inability of bargaining parties credibly to commit to a split …
Persistent link: https://www.econbiz.de/10010282949