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Persistent link: https://www.econbiz.de/10009327542
Voting power indices enable the analysis of the distribution of power in a legislature or voting body in which different members have different numbers of votes. Although this approach to the measurement of power has been known for a long time, its application to large games has been limited by...
Persistent link: https://www.econbiz.de/10009208854
In general in organisations whose system of governance involves weighted majority voting, power and voting weight differ. Power indices are a value concept for majority voting games which provide a means of analysing this difference. This paper provides new algorithms for computing the two...
Persistent link: https://www.econbiz.de/10005688629
Since 1992, the international community is trying to arrive at a multilateral agreement on the reduction of emissions for greenhouse gases. A collective decision mechanism was adopted in 1997: An agreement is ratified if and only if it is approved by a coalition gathering more than 55 countries....
Persistent link: https://www.econbiz.de/10008788999
This paper considers two-player quadratic games to examine the relation between strategic interactions in actions and in information decisions. We analyze the role of external effects and of the relative intensities with which the players’ actions interact with the uncertain payoff-relevant...
Persistent link: https://www.econbiz.de/10010993359
This is Selected Paper #2846. The title of this paper at the time the abstract was submitted was "Private Incentives for Investments to Mitigate Wildfire Risk in the Wildland-Urban Interface"
Persistent link: https://www.econbiz.de/10010880941
Persistent link: https://www.econbiz.de/10010881026
In this paper, we study how the presence of a news aggregator affects competition among (horizontally differentiated) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality on each issue. Our model provides a micro...
Persistent link: https://www.econbiz.de/10010905459
Bundled discounts by pairs of otherwise independent firms play an increasingly important role as a strategic tool in several industries. Given that prices of firms competing for the same consumers are strategic complements, one would expect their discounts levels also to be strategic...
Persistent link: https://www.econbiz.de/10010933297
Global games methods are aimed at resolving issues of multiplicity of equilibria and coordination failure that arise in game theoretic models by relaxing common knowledge assumptions about an underlying parameter. These methods have recently received a lot of attention when the underlying...
Persistent link: https://www.econbiz.de/10010950629