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This paper proposes a model of multilateral contracting where players are engaged in two parallel interactions: they dynamically form coalitions and play a repeated normal form game with temporary and permanent decisions. This formulation encompasses many economic models with externalities and...
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This paper studies the core of combined games, obtained by summing two coalitional games. It is shown that the set of balanced transferable utility games can be partitioned into equivalence classes of component games to determine whether the core of the combined game coincides with the sum of...
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This paper studies the core of combined games, obtained by summing two coalitional games. It is shown that the set of balanced transferable utility games can be partitioned into equivalence classes of component games to determine whether the core of the combined game coincides with the sum of...
Persistent link: https://www.econbiz.de/10003897554
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May 2000 - Some aspects of violent behavior are linked to economic incentives and deserve more attention from economists. In India, for example, domestic violence is used as a bargaining instrument, to extract larger dowries from a wife's family, after the marriage has taken place. Bloch and Rao...
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