Showing 1 - 10 of 1,507
balance. When ambiguous mechanisms are not allowed, under every prior, there exists an efficient allocation that is not …
Persistent link: https://www.econbiz.de/10013242607
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however, instead of alternating offers, we have simultaneous payoff demands. We focus in the producer game he studies. Each player is chosen with equal probability. If that is the case,...
Persistent link: https://www.econbiz.de/10011296159
We examine the welfare properties, coalition-proofness and order-theoretical structure of the set of Nash equilibria in pure strategy games with a-aggregative simple strategic substitutes and monotone a-aggregative externalities. For these games, we prove the equivalence among the set of Nash...
Persistent link: https://www.econbiz.de/10014170844
We consider the allotment problem of homogeneous indivisible goods among agents with single-peaked and risk-averse von Neumann-Morgenstern expected utility functions. We establish that a rule satisfies coalitional strategy-proofness, same-sideness, and strong symmetry if and only if it is the...
Persistent link: https://www.econbiz.de/10014050225
Persistent link: https://www.econbiz.de/10002071407
coalition structure formation mechanism. Every game has two outcomes - an allocation of players over coalitions and a payoff … Shapley value. Presence of individual payoff allocation makes it different from a strong Nash, coalition-proof equilibrium …
Persistent link: https://www.econbiz.de/10012964183
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked equilibria, where a pair of agents has a profitable...
Persistent link: https://www.econbiz.de/10010418867
We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of international environmental agreements on climate change, with the possibility that singletons support coalition formation without becoming coalition members themselves. Rather,...
Persistent link: https://www.econbiz.de/10010477108
We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of international environmental agreements on climate change, with the possibility that singletons support coalition formation without becoming coalition members themselves. Rather,...
Persistent link: https://www.econbiz.de/10011444079
This paper examines the effects of political pressure groups (lobbies) on the emissions abatement decisions of countries and on the stability of international environmental agreements. We consider two types of lobbies, industry and environmentalists. We determine the influence of lobby-groups on...
Persistent link: https://www.econbiz.de/10011517964