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Persistent link: https://www.econbiz.de/10011525259
multiple majority coalitions (pivotality) or from the relative vote share the agent contributes to a coalition (proportionality …). We distinguish between coalitional commitment, where parties defer distributive bargaining when forming a coalition, and … allocative commitment, where allocations are determined at the point of coalition formation. We show how the timing of commitment …
Persistent link: https://www.econbiz.de/10013241611
Persistent link: https://www.econbiz.de/10012225429
frequency of the grand coalition formation, the higher efficiency, and the allocation belonging to the bargaining set is …
Persistent link: https://www.econbiz.de/10014451922
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to …
Persistent link: https://www.econbiz.de/10008737140
This paper studies a noncooperative allocation procedure for coalitional games with veto players. The procedure is similar to the one presented by Dagan et al. (1997) for bankruptcy problems. According to it, a player, the proposer, makes a proposal that the remaining players must accept or...
Persistent link: https://www.econbiz.de/10009578191
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
increasing as a coalition adds to its members. The new feature in the mechanism is that the proposer has a choice to implement …
Persistent link: https://www.econbiz.de/10012963352
-free manner, when just three natural conditions are satisfied:(C1) A coalition is formed with positive probability if, and only if … coalition distributes the entire surplus among its members.(C3) Members of any coalition are treated symmetrically with respect … to their share expectations when the surplus of this coalition is distributed.Our analysis primarily focuses on the limit …
Persistent link: https://www.econbiz.de/10012936985
Given a simple game, a power configuration specifies the power of each player in each winning coalition. We introduce a … show that given this power configuration there is a coalition which is both internally and Nash stable. We consider two … investigate how infeasible coalition might affect the outcome and apply our model to the German parliament …
Persistent link: https://www.econbiz.de/10010189489