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fully decentralized negotiations, particularly if the objectives of the members of the coalition group are not always …
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group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
Persistent link: https://www.econbiz.de/10012053740
lead to bargaining failure and might explain a lack of observed coordination. We consider international negotiations about … tax coordination under complete and incomplete information. We identify the conditions for multilateral negotiations to be … bargaining. Under plausible conditions, full-scale global coordination is least likely to emerge if the negotiations take place …
Persistent link: https://www.econbiz.de/10011924656
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group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
Persistent link: https://www.econbiz.de/10009724695
group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
Persistent link: https://www.econbiz.de/10009691706
We analyze bargaining over international climate agreements in a setting with incomplete information about abatement costs. Unilateral commitment to high abatement reduces the gains from global cooperation. This reduces the probability of reaching efficient international environmental...
Persistent link: https://www.econbiz.de/10009407577
Persistent link: https://www.econbiz.de/10003218121
We characterize the unique Markov perfect equilibrium of a tug-of-war without exogenous noise, in which players have the opportunity to engage in a sequence of battles in an attempt to win the war. Each battle is an all-pay auction in which the player expending the greater resources wins. In...
Persistent link: https://www.econbiz.de/10003202472