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of games with externalities and issue linkage to promote cooperation on transboundary water resources. The paper analyzes …
Persistent link: https://www.econbiz.de/10009500936
satiable agents, i.e., the benefit function is decreasing beyond some satiation point. In such situations externalities appear … has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In case of … satiation points, it appears that every weighted hierarchical solution is independent of the externalities. …
Persistent link: https://www.econbiz.de/10011381991
In auctions with externalities, it is well-known that the core can be empty, which is undesirable both in terms of …
Persistent link: https://www.econbiz.de/10012843633
We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural …
Persistent link: https://www.econbiz.de/10010191642
continue to negotiate as long as there are gains from trade, and coalitions may create positive or negative externalities. The …
Persistent link: https://www.econbiz.de/10014035050
where contracts may impose externalities on other agents. The paper derives several properties of the Markov perfect …
Persistent link: https://www.econbiz.de/10014029064
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10008737140
Polluted rivers are harmful to human, animals and plants living along it. To reduce the harm, cleaning costs are generated. However, when the river passes through several different countries or regions, a relevant question is how should the costs be shared among the agents. Ni and Wang (2007)...
Persistent link: https://www.econbiz.de/10011333054
. This paper investigates the concept of issue linkage to resolve unidirectional externalities in the Mekong River. Using …
Persistent link: https://www.econbiz.de/10010443087
We consider a class of social cost problems where one polluter interacts with an arbitrary number of potential victims. Agents are supposed to cooperate and negotiate an optimal pollution level together with monetary transfers. We examine multi-choice cooperative games associated with a social...
Persistent link: https://www.econbiz.de/10012823157