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the efficient coalition structure is stable in terms of the coalition formation theory. It is assumed that coalitions can … coalitions) and a coalition may deviate if and only if it stands to gain from it. It is then shown that subsequent to a deviation … by a coalition, the nonmembers will have incentives to break apart into singletons, as is assumed in the definition of …
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There is evidence that competing firms outsource R&D to the same independent for-profit laboratory. We draw on this stylized fact to construct a model where two firms in the same industry offer transfer payments in exchange for user-specific R&D services from a common laboratory. Inter-firm and...
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This paper investigates the strategic value of the managerial incentive scheme in affecting firms' incentive in R&D investment and their product market activities. Firstly, we find that in Cournot-quantity competition, owners strategically assign a non-profit-maximization objective to their...
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We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game …) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …
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particular, for a given coalition structure we study to what extend the stability of tax agreements is affected by the coalitions … means of a repeated game setting employing simple trigger strategies and we allow a sub-coalition to deviate from the … coalitional equilibrium. For a given form of punishment we are able to rank the stability of different coalition structures as …
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It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if … results. I provide a set of conditions which is sufficient for the equivalence between coalition strategy-proofness and Maskin … monotonicity. This generalizes some known results. -- social choice function ; coalition strategy-proofness ; Maskin monotonicity …
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