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This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10008674336
We study from both a theoretical and an empirical perspective how a network of military alliances and enmities affects … the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of … characterization of the Nash equilibrium of the fighting game, and of how the network structure affects individual and total fighting …
Persistent link: https://www.econbiz.de/10011145465
A principal offers bilateral contracts to a set of agents organized in a network conveying synergies, in a context … optimal contracts as a function of agents' positions on the network. The analysis shows that contract enforceability is key to … contract with a single agent on the network. Last, we extend this setting to network entry. …
Persistent link: https://www.econbiz.de/10011165804
We consider agents playing a linear network game with strategic complementarities. We analyse the problem of a policy … maker who can change the structure of the network in order to increase the aggregate efforts of the individuals and/or the … sum of their utilities, given that the number of links of the network has to remain fixed. We identify some link …
Persistent link: https://www.econbiz.de/10010900273
We introduce a procedure to infer the repeated-game strategies that generate actions in experimental choice data. We apply the technique to set of experiments where human subjects play a repeated Prisoner's Dilemma. The technique suggests that two types of strategies underly the data.
Persistent link: https://www.econbiz.de/10005133132
We introduce a procedure to infer the repeated-game strategies that generate actions in experimental choice data. We apply the technique to set of experiments where human subjects play a repeated Prisoner's Dilemma. The technique suggests that two types of strategies underly the data.
Persistent link: https://www.econbiz.de/10008671549
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