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distribution of cost shares that motivates some coalition of agents to separate and to block an initially given Pareto optimal … allocation which can be interpreted as the outcome of a negotiation process when all agents form a grand coalition …
Persistent link: https://www.econbiz.de/10013316192
We identify the core as an appealing stability concept of cooperative game theory, but argue that the non … we call H-game and show that strong Nash equilibria coalition structures in this game are identical to ?- and ?-core … stable coalition structures. Second, as a by-product of the definition of the H-game, we develop an extension called an I …
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investigate stability of partial climate coalitions. Technology spillovers to coalition members increase their incentives to stay … in the coalition and reduce abatement costs, which leads to larger global payoffs and a lower global CO2 stock. Several …
Persistent link: https://www.econbiz.de/10014222615
rationality under a certain condition, and well balances the trade-off between coalition effects and externality effects. By …
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We identify the core as an appealing stability concept of cooperative game theory, but argue that the non … we call - game and show that strong Nash equilibria coalition structures in this game are identical to - and - core … stable coalition structures. Second, as a by-product of the definition of the - game, we develop an extension called an …
Persistent link: https://www.econbiz.de/10014085162