Showing 1 - 10 of 45
In this paper we generalize the concept of coalitional games by allowing for any organizational structure within coalitions represented by a graphon the set of players ot the coalition. A, possibly empty, set of payoffvectors is assigned to any graph on every subset of players. Such a game will...
Persistent link: https://www.econbiz.de/10011303860
This paper extends the recent literature on equilibria with coordination failures to arbitrary convex sets of admissible prices. We introduce a new equilibrium concept, called quantity constrained equilibrium (QCE), giving a unified treatment to all cases considered in the literature so far. At...
Persistent link: https://www.econbiz.de/10014068262
Persistent link: https://www.econbiz.de/10001711847
Persistent link: https://www.econbiz.de/10010191410
Persistent link: https://www.econbiz.de/10001460668
We study multiple agents along a general river structure that is expressed by a geography matrix and who have access to limited local resources, quasi-linear preferences over water and money and cost functions dependent upon river inflow and own extraction. Unanimity bargaining determines the...
Persistent link: https://www.econbiz.de/10014159278
Persistent link: https://www.econbiz.de/10011087082
Persistent link: https://www.econbiz.de/10011090399
Persistent link: https://www.econbiz.de/10011091129
Persistent link: https://www.econbiz.de/10003809062