Showing 1 - 10 of 295
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
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
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can … communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out … their communication links with upfront transfers. The main theorem characterizes a condition on network structures for …
Persistent link: https://www.econbiz.de/10011307292
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...
Persistent link: https://www.econbiz.de/10011324948
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
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
connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the … repeated game's history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of … produces a network result; namely, the level of cooperation in this setup depends on the network's diameter, and not on its …
Persistent link: https://www.econbiz.de/10010270931
Imperfect private monitoring in an infinitely repeated discounted Prisoner's Dilemma played on a communication network …'s history throughout the network. The delay in receiving this information requires the players to be more patient to sustain the … same level of cooperation as in a complete network, although a Folk Theorem obtains when the players are patient enough …
Persistent link: https://www.econbiz.de/10010272435
small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of … the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable. For a broad range of … have higher betweenness centrality: they are the brokers who connect different parts of the network. Ignorant agents cause …
Persistent link: https://www.econbiz.de/10010279615
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … variations of the transfer/bargaining aspect of link formation. One aspect is whether players can only make and receive transfers … network or only on the link itself. A final aspect is whether or not players can pay other players to refrain from forming …
Persistent link: https://www.econbiz.de/10011324957