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modifications: first, payoff division can only be agreed upon after the coalition has formed (two-stage bargaining); second …, negotiations in the coalition can break down, in which case a new coalition may be formed (reversible coalitions). Under the most … propoper advantage and a linear relationship between weights and ex post payoffs for all coalition members other than the …
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with respect to both emissions and membership. In that encompassing IEA game the size of the coalition is increasing in the … values, the grand coalition may or may not be attained if one of the moral parameter increases and tends towards one. …
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We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
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experiment, we use a within- and across-subject design to identify the impact of brief, randomly-assigned economics lessons on …
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