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We study the group stability of collective decision making when society is organized according to a non directed graph, and groups' payoff possibilities are given by a partition function. We focus on the stability properties of hierarchical organizations, formally described by minimally...
Persistent link: https://www.econbiz.de/10011325041
We study the group stability of collective decision making when society is organized according to a non directed graph, and groups' payoff possibilities are given by a partition function. We focus on the stability properties of hierarchical organizations, formally described by minimally...
Persistent link: https://www.econbiz.de/10011589731
Persistent link: https://www.econbiz.de/10001753169
Persistent link: https://www.econbiz.de/10003397525
Persistent link: https://www.econbiz.de/10003609807
We study the group stability of collective decision making when society is organized according to a non directed graph, and groups' payoff possibilities are given by a partition function. We focus on the stability properties of hierarchical organizations, formally described by minimally...
Persistent link: https://www.econbiz.de/10014087823
In a recent paper, Demange (2004) has shown that hierarchical organizations can guarantee the existence of stable cooperative outcomes by appropriately allocating the blocking power to a subset of coalitions, the "teams". This paper extends the analysis of Demange to cooperative problems with...
Persistent link: https://www.econbiz.de/10014026558