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We investigate the computational complexity of several decision problems in hedonic coalition formation games and … either core stability or strict core stability is under consideration, the existence problem of a stable coalition structure … stable coalition structure and of an individually stable coalition structure turn out to be NP-complete in the strong sense …
Persistent link: https://www.econbiz.de/10008799165
(overlapping climate clubs) to reduce CO2 emissions. R&D provision in clubs produces two types of positive externalities: a global … multilateral coalitional structures are not stable; however, the size of the stable coalition increases as the economy expands. …
Persistent link: https://www.econbiz.de/10011926354
We investigate the computational complexity of several decision problems in hedonic coalition formation games and … either core stability or strict core stability is under consideration, the existence problem of a stable coalition structure … stable coalition structure and of an individually stable coalition structure turn out to be NP-complete in the strong sense …
Persistent link: https://www.econbiz.de/10014211874
sharing scheme is particularly powerful for economic problems that are characterized by positive externalities from coalition …We propose a class of sharing schemes for the distribution of the gains from cooperation for coalition games with … externalities. In the context of the partition function, it is shown that any member of this class of sharing schemes leads to the …
Persistent link: https://www.econbiz.de/10014067739
This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn … among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also … discussion of efficient network and coalition formation procedures and directions for future research. …
Persistent link: https://www.econbiz.de/10014025687
Persistent link: https://www.econbiz.de/10010334899
been more and more substituted by majority voting in order to speed up decision-making processes in a Union of 27 … member state threatens to leave the Union. By using cheap talk a member state may increase the credibility of its outside …
Persistent link: https://www.econbiz.de/10003776195
? Under an intuitive condition linking power structures in the dynamic setting and at the commitment stage, the answer is … equilibrium without commitment. The condition is also necessary: when it fails, as in the case of a single time-inconsistent agent …, commitment is valuable for some payoffs. We apply our result to explain inefficient collective decisions in the contexts of …
Persistent link: https://www.econbiz.de/10011375836
Many economic and social situations can be represented by a digraph. Both axiomatic and iterativemethods to determine the strength or power of all the nodes in a digraph have been proposed inthe literature. We propose a new method, where the power of a node is determined by both thenumber of its...
Persistent link: https://www.econbiz.de/10011318587
We propose a simple mechanism providing incentives to reduce harmful emissions to their efficient level without infracting upon productive efficiency. The mechanism employs a contest creating incentives among participating nations to simultaneously exert efficient productive and efficient...
Persistent link: https://www.econbiz.de/10009772819