Showing 1 - 10 of 12,390
This paper studies coalition formation and payoff division in apex games under the following assumptions: first, payoff … division can only be agreed upon after the coalition has formed (two-stage bargaining); second, negotiations in the coalition … can break down, in which case a new coalition may be formed (reversible coalitions).In contrast with the results of other …
Persistent link: https://www.econbiz.de/10011092140
This study considers waiting times for populations to achieve efficient social coordination. Belloc and Bowles [1] conjecture that coalitional behavior will hasten such coordination. This turns out to be true when every member of the population interacts with every other member, but does not...
Persistent link: https://www.econbiz.de/10011263589
This paper takes the idea of coalitional behavior – groups of people occasionally acting together to their mutual benefit – and incorporates it into the framework of evolutionary game theory that underpins the social learning literature. An equilibrium selection criterion is defined which we...
Persistent link: https://www.econbiz.de/10010577245
notion of coalition-proof Nash equilibrium. (2) The negotiation process is formalized by a "graph", which serves as a natural …
Persistent link: https://www.econbiz.de/10005755721
We study a real supply chain environment from which specific information and knowledge can be extrapolated for other similar environments. We focus our research on the analysis of the interactions between members forming different teams (and between the teams themselves), and on the leader’s...
Persistent link: https://www.econbiz.de/10008555429
experimental studies on coalition formation there are only very few theoretical papers dealing with the problem in a dynamic … process of dynamic coalition formation, and gives a basic insight into the mainstream literature of the quest for finding the …
Persistent link: https://www.econbiz.de/10010878377
A hostage with respect to an action of a player is defined here to be an amount ofpayoff that will be placed in the opponent's possession if the player takes the action. Whereas the only Nash equilibrium for a prisoner's dilemma game is mutual defection, it is shown that there are at most two...
Persistent link: https://www.econbiz.de/10005245543
This paper formalizes the relation between comparative statics and the out-of-equilibrium explanation for how a system evolves after a change in parameters.
Persistent link: https://www.econbiz.de/10005207775
The paper proposes a coopetitive model for the Green Economy. It addresses the issue of the climate change policy and the creation and diffusion of low-carbon technologies. In the present paper the complex construct of coopetiton is applied at macroeconomic level. The model, based on Game...
Persistent link: https://www.econbiz.de/10009369174
Prompted by a real-life observation in the UK retail market, a two-player Prisoners’ Dilemma model of an alliance between two firms is adapted to include the response of a rival firm, resulting in a version of a three-player Prisoners’ Dilemma. We use this to analyse the impact on the...
Persistent link: https://www.econbiz.de/10010721530