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The myopic stable set for social environments

Demuynck, Thomas; Herings, Peter Jean-Jacques; Saulle, … - 2017

We introduce a new solution concept for models of coalition formation, called the myopic stable set. The myopic stable set is defined for a very general class of social environments and allows for an infinite state space. We show that the myopic stable set exists and is non-empty. Under minor...

Persistent link: https://www.econbiz.de/10011660119

How the rules of coalition formation affect stability of international environmental agreements

Finus, Michael; Rundshagen, Bianca - 2003

This paper compares stability of international environmental agreements for six different rules of coalition formation … coalitions. From a policy perspective, counterintuitively, it turns out that stability is higher under exclusive than under open … membership and stability increases with the degree of unanimity. We discuss the policy implications of our result for future …

Persistent link: https://www.econbiz.de/10011591895

Constitutions and social networks

Mauleon, Ana; Roehl, Nils; Vannetelbosch, Vincent J. - 2015

, therefore, have influence on the stability of the job market. …

Persistent link: https://www.econbiz.de/10011283143

Does the volatility of commodity prices reflect macroeconomic uncertainty?

Joëts, Marc; Mignon, Valérie; Razafindrabe, Tovonony - 2015

Persistent link: https://www.econbiz.de/10011296224

The elephant in the other room

Veneziani, Roberto; Skillman, Gilbert L. - 2024 - This draft: 12 September 2023

Fabio Petri's Microeconomics for the Critical Mind (2021) is an impressive tour de force in the field of microeconomic theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the mainstream and in the heterodox literature. The book...

Persistent link: https://www.econbiz.de/10014476014

An implementation approach to rotation programs

Korpela, Ville; Lombardi, Michele; Saulle, Riccardo D. - 2021

Rotation programs are widely used in societies. Some examples are job rotations, rotation schemes in the management of common-pool resources, and rotation procedures in fair division problems. We study rotation programs via the implementation of Pareto efficient social choice rules under...

Persistent link: https://www.econbiz.de/10012519973

Contagion in stable networks

Bougheas, Spiros P. - 2017

We study the formation of networks in environments where agents derive benefits from other agents directly linked to them but suffer losses through contagion when any agent on a path connected to them is hit by a shock. We first consider networks with undirected links (e.g. epidemics,...

Persistent link: https://www.econbiz.de/10011737578

Stable coalitions

Carraro, Carlo; Marchiori, Carmen - 2002

This paper examines recent theoretical developments of the theory of coalition stability. It focuses on the …

Persistent link: https://www.econbiz.de/10011596053

On the stability of cooperation structures

Haeringer, Guillaume - 2002

. We characterize the class of TU-games that ensure the stability of the full cooperation structure, which turns out to be …

Persistent link: https://www.econbiz.de/10011596618

An ergodic theory of sovereign default

Pierri, Damian; Seoane, Hernán D. - 2022

Persistent link: https://www.econbiz.de/10014252738