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The intricacy of adapting to climate change : flood protection as a local public goods game
Bondarev, Anton; Hintermann, Beat; Krysiak, Frank C.; … - 2017
, and the presence and nature of spillovers to neighboring regions. The central government can provide co-funding in …
Persistent link: https://www.econbiz.de/10011616351
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Farsightedness and cautiousness in coalition formation
Mauleon, Ana; Vannetelbosch, Vincent J. - 2003
, based on the assumption that players are cautious. For games with positive spillovers, many coalition structures may belong …
Persistent link: https://www.econbiz.de/10011591399
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Information Spillover in a Bayesian Repeated Game
Pahl, Lucas - 2020
This paper considers an infinitely repeated three-player Bayesian game with lack of information on two sides, in which an informed player plays two zero-sum games simultaneously at each stage against two uninformed players. This is a generalization of Aumann, Maschler and Stearns (1995)...
Persistent link: https://www.econbiz.de/10012841729
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The Estimation of Network Formation Games with Positive Spillovers
Boucher, Vincent - 2018
I present a behavioural model of network formation with positive network externalities in which individuals have preferences for being part of a clique. The behavioural model leads to an associated supermodular (Topkis, 1979) normal form game. I show that the behavioural model converges to the...
Persistent link: https://www.econbiz.de/10012919752
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Endogenous Formation of Research Coalitions with Spillovers
Yi, Sang-Seung - 2001
This paper argues that the sign of external effects of coalition formation provides a useful organizing principle in examining economic coalitions. In many interesting economic games, coalition formation creates either negativee externalities or positive externalities for nonmembers. Examples of...
Persistent link: https://www.econbiz.de/10014215432
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Farsightedness and Cautiousness in Coalition Formation
Mauleon, Ana; Vannetelbosch, Vincent J. - 2003
, based on the assumption that players are cautious. For games with positive spillovers, many coalition structures may belong …
Persistent link: https://www.econbiz.de/10014076140
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Cartel Stability Under an Optimal Sharing Rule
Weikard, Hans-Peter - 2005
players and spillovers to non-members. I introduce a sharing rule for coalition payoffs, called optimal sharing which … cartel if spillovers are negative. I introduce a new property, called non-essentiality and determine the set of stable … cartels under optimal sharing if spillovers are positive and if the non-essentiality property applies. Finally I analyse …
Persistent link: https://www.econbiz.de/10014064613
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Behavioral Spillovers in Coordination Games
Sheremeta, Roman M.; Cason, Timothy N.; Samek, Anya - 2012
spillovers for order-statistic coordination games. Subjects play the minimum- and median-effort coordination games simultaneously …
Persistent link: https://www.econbiz.de/10014186326
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Coordination incentives in cross-border macroprudential regulation
Derviz, Alexis; Seidler, Jakub - 2012
We discuss (dis)incentives for fair cooperation related to delegating macroprudential policy decisions to a supranational body, as well as their welfare implications. The question is studied by means of a signaling game of imperfect information between two national regulators. The model...
Persistent link: https://www.econbiz.de/10010322228
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Coordination incentives in cross-border macroprudential regulation
Derviz, Alexis; Seidler, Jakub - 2012
We discuss (dis)incentives for fair cooperation related to delegating macroprudential policy decisions to a supranational body, as well as their welfare implications. The question is studied by means of a signaling game of imperfect information between two national regulators. The model...
Persistent link: https://www.econbiz.de/10009613279