Showing 1 - 10 of 1,191
In this paper, we present the general contribution of n-person game in turbulent environment of parliamentary coalitions. Same basic data about the coalition form and the characteristic function is necessary in order to connect n-person game theory and behavioral game theory. Taking the Norway...
Persistent link: https://www.econbiz.de/10010255257
We analyze surplus allocation problems where cooperation between agents is restricted both by a communication graph and by a sequence of embedded partitions of the agent set. For this type of problem, we define and characterize two new values extending the Shapley value and the Banzhaf value...
Persistent link: https://www.econbiz.de/10012951558
The aim of this paper is to discuss the role played by international institutions in achieving effective International Environmental Agreements. We emphasise the strategic nature of environmental negotiations and use a game theoretic model of coalitional bargaining to illustrate the main issues....
Persistent link: https://www.econbiz.de/10014215566
We explore the determinants of the payoffs an individual player may obtain in the equilibria of superadditive n-player coalitional games with transferable payoff. We provide conditions necessary and sufficient for the lower bound on a player's equilibrium payoff to coincide with his reservation...
Persistent link: https://www.econbiz.de/10014126011
This paper establishes sufficient conditions for the existence of a stable coalition structure in the "coalition unanimity" game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our conditions are defined on the strategic form game used...
Persistent link: https://www.econbiz.de/10014072457
We attempt to explain the observation that rival firms often share their technologies. We show that the trading of technical information over the long haul can be sustained as an equilibrium in supergames. The strategy of ejection of a cheating firm from a technology-trading coalition, followed...
Persistent link: https://www.econbiz.de/10014088507
Persistent link: https://www.econbiz.de/10002079251
Experiments can be used to relax technical assumptions that are made by necessity in theoretical analysis, and further test the robustness of theoretical predictions. To illustrate this point we conduct a three-person bargaining experiment examining the effect of different decision rules...
Persistent link: https://www.econbiz.de/10011889435
This paper establishes sufficient conditions for the existence of a stable coalition structure in the coalition unanimity game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our conditions are defined on the strategic form game used to...
Persistent link: https://www.econbiz.de/10011600510
This paper studies the impact of equity considerations on the stability of international agreements between heterogeneous countries. We show that allowing countries to finance abatement projects in developing countries which, due to equity-reasons, have no binding emission targets can reduce the...
Persistent link: https://www.econbiz.de/10010297375