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In this paper we analyze how ratification uncertainty impacts the optimal terms of international environmental agreements (IEAs). We relax the frequent assumption of countries as unitary actors by modeling the ratification stage through uncertain preferences of a ratifying agent (e.g. the...
Persistent link: https://www.econbiz.de/10010339399
majority coalition can be stable, provided that reciprocity is sufficiently strong and widespread. In addition, a stable … minority coalition can exist, even with weak reciprocity preferences. This latter coalition is weakly larger than the maximum … stable coalition with standard preferences, but is characterized by mutually negative sentiments. …
Persistent link: https://www.econbiz.de/10010400178
on others' abatement. I show that a full or majority coalition can be stable. This requires, however, that a majority of … countries have relatively strong reciprocity preferences. No coalition participation is always stable. In addition, a stable … minority coalition may exist; if so, it is weakly larger than the maximum stable coalition with standard preferences, but is …
Persistent link: https://www.econbiz.de/10010488278
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to …
Persistent link: https://www.econbiz.de/10008737140
modifications: first, payoff division can only be agreed upon after the coalition has formed (two-stage bargaining); second …, negotiations in the coalition can break down, in which case a new coalition may be formed (reversible coalitions). Under the most … propoper advantage and a linear relationship between weights and ex post payoffs for all coalition members other than the …
Persistent link: https://www.econbiz.de/10003675312
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....
Persistent link: https://www.econbiz.de/10011279698
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however … chosen with equal probability. If that is the case, she can choose any coalition she belongs to. However, a coalition can …
Persistent link: https://www.econbiz.de/10011296159
increasing as a coalition adds to its members. The new feature in the mechanism is that the proposer has a choice to implement …
Persistent link: https://www.econbiz.de/10012963352
This supplement provides proofs of all propositions in [Tomohiko Kawamori and Toshiji Miyakawa, "Equivalent conditions for the existence of an efficient equilibrium in coalitional bargaining with externalities and renegotiations," Operations Research Letters 45(5), 427-430, 2017]
Persistent link: https://www.econbiz.de/10012953535
, then a non-winning coalition forms as an intermediate bargaining step and the final winning coalition is not necessarily …
Persistent link: https://www.econbiz.de/10012922042