approach for countable domains and combining this with basic measure theory, we obtain necessary and sufficient conditions for … the existence of upper semi-continuous utility functions on a wide class of domains. Although links between utility theory … and measure theory have been pointed out before, to the best of our knowledge this is the first time that the present …

backward induction procedure to pinpoint the latest moment at which a coalition can be found with both an incentive and the … this way will be agreed upon at the outset - or, if a suitable coalition is never found, that no agreement will be reached. …

Our concern is the extension of the theory of the Shapley value to problems involving externalities. Using the standard … axiom systems behind the Shapley value for an arbitrary exogenous coalition structure leads to the identification of bounds … on players’ payoffs around an “externality-free” value. In endogenizing the coalition structure, we analyze a two …

character. The grand coalition was always the efficientcoalition,whereas the values of the 2-personcoalitions are varied such … that they lead to an efficiency loss inthe range of6.7 up to 30 percent. Furthermore, the 2-person coalition implies social … huge majority of proposers choosethe inefficient and unfair 2-person coalition. Proposer inducedefficiencylosses vary …

international agreement on climate change control. The stable coalition structure of the game is defined and then computed for a … climate game in which the role of carbon leakage is also taken into account. At the equilibrium, a coalition may emerge … despite the public good nature of climate. The size of the coalition depends on the degree of interdependence of countries …

control are analysed. A non-cooperative approach to coalition formation is used to analyse profitability and stability of the … countries, carbon leakage reduces the size of the equilibrium coalition and even the likelihood of a successful negotiation. On …