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&S preferences. Stability of the grand coalition is never reached, but potential internally stable grand coalitions are achieved … eines globalen öffentlichen Gutes – z.B. Klimaschutz - eingeführt. Spieler tragen – wenn sie einer Koalition beitreten …
Persistent link: https://www.econbiz.de/10013493119
are used: relations between the players and the probability of coalition formation. We suggest and study the sufficient …
Persistent link: https://www.econbiz.de/10014102140
This chapter studies the theory of value of games with infinitely many players.Games with infinitely many players are models of interactions with many players. Often most of the players are individually insignificant, and are effective in the game only via coalitions. At the same time there may...
Persistent link: https://www.econbiz.de/10014024489
Consider a situation in which countries anticipate an international environmental agreement (IEA) to be in effect sometime in the future. What is the impact of the future IEA on current emissions after its announcement? We show that the answer to this question is ambiguous. We examine four types...
Persistent link: https://www.econbiz.de/10011565652
This paper studies an extensive form game of coalition formation with random proposers in games with externalities. It … strong condition, the equilibrium coalition structure is not necessarily efficient. There may be multiple equilibria even in … coalition forms without delay in equilibrium, expected payoffs must be in the core of the characteristic function game that …
Persistent link: https://www.econbiz.de/10012650908
In a Nash equilibrium of voluntary participation games in international environmental agreements, the optimal surplus sharing rules, proposed by Eyckmans and Finus (2004) and Weikard (2009), incentivize more countries to participate in the agreements. We examine how robust this desirability of...
Persistent link: https://www.econbiz.de/10013219247
We show that the characterization result of the weak core correspondence in simple games in Takamiya et al. (2018) still holds true even when the set of alternatives contains uncountably infinite elements
Persistent link: https://www.econbiz.de/10012913496
Different axiomatic systems for the Shapley value can be found in the literature. For games with a coalition structure …
Persistent link: https://www.econbiz.de/10014199078
In this paper we study competitive outcomes and endogenous coalition formation in a cooperative n-person transferable … coalition production economy corresponding to the game. First, it is shown that the full core of a TU game is not empty if and … only if the completion of the game is balanced. The full core is defined free of any particular coalition structure and the …
Persistent link: https://www.econbiz.de/10014068636
bargaining solution, for games where the worth of all pairwise coalition is less than a third of the grand coalition value; the … Shapley value, for games where the sum of the value created by all pairwise coalitions is greater than the grand coalition … value; or the nucleolus, for games where only the 'natural coalition' among two 'natural partners' creates significant value …
Persistent link: https://www.econbiz.de/10014035050