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In this paper we analyze how ratification uncertainty impacts the optimal terms of international environmental agreements (IEAs). We relax the frequent assumption of countries as unitary actors by modeling the ratification stage through uncertain preferences of a ratifying agent (e.g. the...
Persistent link: https://www.econbiz.de/10010339399
majority coalition can be stable, provided that reciprocity is sufficiently strong and widespread. In addition, a stable … minority coalition can exist, even with weak reciprocity preferences. This latter coalition is weakly larger than the maximum … stable coalition with standard preferences, but is characterized by mutually negative sentiments. …
Persistent link: https://www.econbiz.de/10010400178
on others' abatement. I show that a full or majority coalition can be stable. This requires, however, that a majority of … countries have relatively strong reciprocity preferences. No coalition participation is always stable. In addition, a stable … minority coalition may exist; if so, it is weakly larger than the maximum stable coalition with standard preferences, but is …
Persistent link: https://www.econbiz.de/10010488278
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 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
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
This supplement provides proofs of all propositions in [Tomohiko Kawamori and Toshiji Miyakawa, "Equivalent conditions for the existence of an efficient equilibrium in coalitional bargaining with externalities and renegotiations," Operations Research Letters 45(5), 427-430, 2017]
Persistent link: https://www.econbiz.de/10012953535
, 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