We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability … conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the … concepts of refraction and exchanging, we set up conditions of existence and enlargement of a coalition with heterogeneous …

We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability … conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the … concepts of refraction and exchanging, we set up conditions of existence and enlargement of a coalition with heterogeneous …

We combine the newest concepts o non-cooperative coalition theory with a computable general equilibrium model close to … the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We … consider three coalition games that allow for the formation of multiple coalitions. The coalition games represent different …

We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability … conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the … concepts of refraction and exchanging, we set up conditions of existence and enlargement of a coalition with heterogeneous …

emission reductions in non-signatories countries. In addition, the leaders' coalition might also work as innovation and … choose to tie their hands to a cooperative strategy by signing up to a coalition of first movers. The game is setup such that … cooperation are completely appropriated by the coalition members, less so when these benefits spillover to the non-signatories. On …