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We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however … bargaining solution is the unique stationary subgameperfect equilibrium. …
Persistent link: https://www.econbiz.de/10011296159
It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication … investigates cooperation and non-binding communication in a two-stage game. More specifically, two treatments are considered: one …-play communication only has a significant impact on cooperation when no intra-play communication is possible. The results suggest that …
Persistent link: https://www.econbiz.de/10009304243
In this note we consider a society that partitions itself into disjoint jurisdictions, each choosing a location of its public project and a taxation scheme to finance it. The set of public project is multi-dimensional, and their costs could vary from jurisdiction to jurisdiction. We impose two...
Persistent link: https://www.econbiz.de/10010312438
incentives to deviate, (2) the stability of cooperation depends on the degree of cooperative behavior ex-ante. …
Persistent link: https://www.econbiz.de/10010319960
This article provides an exact non-cooperative foundation of the sequential Raiffa solution for two person bargaining … games. Based on an approximate foundation due to Myerson (1997) for any two-person bargaining game (S,d) an extensive form …
Persistent link: https://www.econbiz.de/10010272572
household will be in different regimes depending on the distribution of income within the household. Any bargaining model with …
Persistent link: https://www.econbiz.de/10010293065
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10010325573
We generalize the null player property (satisfied by the Shapley value) and nullifying player property (satisfied by the equal division solution) to the so-called delta-reducing player property, stating that a delta-reducing player (being a player such that any coalition containing this player...
Persistent link: https://www.econbiz.de/10010326064
with other players (i.e., to make proposals about a division of the surplus of cooperation) when they are connected in the …
Persistent link: https://www.econbiz.de/10010326336
legislative bargaining. Furthermore, it is possible for a majority of members to be in favor of enlargement, even if voters are … bargaining over a fixed budget. …
Persistent link: https://www.econbiz.de/10010290535