Showing 1 - 10 of 1,139
We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability … conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the … concepts of refraction and exchanging, we set up conditions of existence and enlargement of a coalition with heterogeneous …
Persistent link: https://www.econbiz.de/10011324949
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. …
Persistent link: https://www.econbiz.de/10010280787
value of a coalition-based on the best or worst roommate in the coalition. In all cases, we determine the complexity of …
Persistent link: https://www.econbiz.de/10012290308
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10011324912
This paper establishes sufficient conditions for the existence of a stable coalition structure in the "coalition … unanimity" game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our … conditions are defined on the strategic form game used to derive the payoffs the game of coalition formation. We show that if no …
Persistent link: https://www.econbiz.de/10011324923
In this paper we study hedonic games where each player views every other player either as a friend or as an enemy. Two simple priority criteria for comparison of coalitions are suggested, and the corresponding preference restrictions based on appreciation of friends and aversion to enemies are...
Persistent link: https://www.econbiz.de/10011324926
candidates' form parties, voting occurs and governments are formed. We study the coalition governments that emerge as functions … be minimal winning, minority or surplus. Moreover, coalitions may be `disconnected'. We then look at how the coalition …
Persistent link: https://www.econbiz.de/10011324966
coalition, and regions which have the highest claims according to the respective sharing rule. Furthermore, we find that a … grandfathering scheme leads to the largest and - in terms of greenhouse gas abatement - most successful coalition, while many of the …
Persistent link: https://www.econbiz.de/10011324972
We adopt the largest consistent set defined by Chwe [J. of Econ. Theory 63 (1994), 299-235] to predict which coalition …, based on the assumption that players are cautious. For games with positive spillovers, many coalition structures may belong … to the largest consistent set. The grand coalition, which is the efficient coalition structure, always belongs to the …
Persistent link: https://www.econbiz.de/10011325075
This paper analyses issue linkage as a way to increase co-operation on issues where incentives to free-ride are strong. The goal is to determine under what conditions players prefer to link negotiations on two different issues rather than to negotiate on the two issues separately. Suppose that...
Persistent link: https://www.econbiz.de/10011325077