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Ray, Debraj; Vohra, Rajiv - 2013

models of bargaining, to cooperative game-theoretic notions of the core, or notions of coalition-proofness in noncooperative …This chapter surveys the sizable and growing literature on coalition formation. We refer to theories in which one or … coalition, in this chapter, is that of a group which can coordinate agreements among its members, while it interacts …

Persistent link: https://www.econbiz.de/10010420285

Focused power : experiments, the Shapley-Shubik power index, and focal points

Geller, Chris R.; Mustard, Jamie; Shahwan, Ranya - 2013

Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...

Persistent link: https://www.econbiz.de/10009789971

Legislative bargaining and the dynamics of public investment

Battaglini, Marco; Nunnari, Salvatore; Palfrey, Thomas - 2011

We present a legislative bargaining model of the provision of a durable public good over an infinite horizion. In each period, there is a societal endowment which can either be invested in the public good or consumed. We characterize the optimal public policy, defined by the time path of...

Persistent link: https://www.econbiz.de/10010307744

Bargaining over an endogenous agenda

Anesi, Vincent; Seidmann, Daniel J. - 2012

We present a model of bargaining in which a committee searches over the policy space, successively amending the default by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is then implemented. We characterize the policies which...

Persistent link: https://www.econbiz.de/10010392405

Bargaining over an endogenous agenda

Anesi, Vincent; Seidmann, Daniel J. - 2011

Persistent link: https://www.econbiz.de/10010392414

Minimax Regret and Efficient BargainingUnder Uncertainty

Bossert, Walter; Peters, Hans - University <Nottingham> / Department of Economics

Bargaining under uncertainty is modeled by the assumption that thereare several possible states of nature, each of which is identied with abargaining problem...

Persistent link: https://www.econbiz.de/10005869345