Similar Search Results

Cerdeiro, Diego; Dziubinski, Marcin; Goyal, Sanjeev - 2015

Individuals derive benefits from their connections, but these may, at the same time, transmit external threats. Individuals therefore invest in security to protect themselves. However, the incentives to invest in security depend on their network exposures. We study the problem of designing a...

Persistent link: https://www.econbiz.de/10011307291

Contracting with Externalities and Outside Options

Bloch, Francis; Gomes, Armando - 2004

encompasses many economic models with externalities and outside options. We show that when outside options are pure (i …

Persistent link: https://www.econbiz.de/10011324948

The Formation of Networks with Transfers among Players

Jackson, Matthew O.; Bloch, Francis - 2004

We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We focus on games where players may bargain by promising or demanding transfer payments when forming links. We examine several variations of the transfer/bargaining aspect of link...

Persistent link: https://www.econbiz.de/10011324957

Instant Efficient Pollution Abatement under Non-Linear Taxation and Asymmetric Information: The Differential Tax Revisited

Mensink, Paul - 2004

This paper analyzes incentives for polluting firms to exchange abatement cost information under the non-linear pollution tax scheme ('differential tax') introduced by Kim and Chang [J. Regul. Econom. 5, 1993, 193-197]. It shows that polluting firms have - under mild conditions - an incentive to...

Persistent link: https://www.econbiz.de/10011324997

On the Stability of Hierarchies in Games with Externalities

Currarini, Sergio - 2003

Demange (1994, 2002), extend to partition function games with negative externalities. Under positive externalities, although …

Persistent link: https://www.econbiz.de/10011325041

Bidding among Friends and Enemies

Ettinger, David - 2003

paid by the winner. We study the impact of these price-externalities on the first-price auction and the second … independently from the identity of the winner. We prove that the first-price auction is not affected by this kind of price-externalities … by the presence of such price-externalities. In any case, in comparison with the first-price auction, the second …

Persistent link: https://www.econbiz.de/10011325066

The core in the presence of externalities

Kóczy, Lásló À. - 2002

We generalise the coalition structure core to partition function games. Our definition relies only on one crucial assumption, namely that there is some internal consistency in the game: residuals of the deviation play a game similar to the initial one, and –whenever this is possible– they...

Persistent link: https://www.econbiz.de/10011335686

Stable organizations with externalities

Currarini, Sergio - 2002

externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected … graph. Because of the presence of externalities, the profitability of coalitional threats to an organization depend on the … externalities, while the fully connected organization emerges under negative. This result is shown to hold independently of the …

Persistent link: https://www.econbiz.de/10011335721

Nautical Tourism, Carrying Capacity and Environmental Externality in the Lagoon of Marano and Grado

Silvestri, Francesco; Ghinoi, Stefano; Barone, Vincenzo - 2013

Tourism and environmental preservation are often conflicting activities, mainly in areas such as coastal lagoons, where seaside mass-tourism comes into contact with a very sensitive ecological system. In this paper we deal with a classical problem of both environmental and tourism economics, the...

Persistent link: https://www.econbiz.de/10010328678

On institutions that produce and disseminate knowledge

Barba Navaretti, Giorgio; Dasgupta, Partha; Mäler, … - 1997

This paper investigates institutions for the creation and transmission of knowledge as efficient resource allocation mechanisms. By looking at Science and Technology it develops a two way classification. Science, is a non market allocation mechanism, where knowledge is treated as a pure public...

Persistent link: https://www.econbiz.de/10011608341