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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 …
Persistent link: https://www.econbiz.de/10011602849
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 …
Persistent link: https://www.econbiz.de/10014029312
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 …
Persistent link: https://www.econbiz.de/10011324949
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 …
Persistent link: https://www.econbiz.de/10014051299
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
, 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
international agreement on climate change control. The stable coalition structure of the game is defined and then computed for a … climate game in which the role of carbon leakage is also taken into account. At the equilibrium, a coalition may emerge … despite the public good nature of climate. The size of the coalition depends on the degree of interdependence of countries …
Persistent link: https://www.econbiz.de/10014213883
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 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