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We study a model of negotiation and coalition formation concerning a public expenditure and its financing. The agents must determine which coalition will jointly produce a public good, how much will be produced, and how the cost is to be shared. Agents that do not belong to the final coalition...
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A committee decides by unanimity whether to accept the current alternative, or to continue costly search. Alternatives are described by several distinct attributes. Each committee member privately assesses the quality of one attribute (her \
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We study two-sided markets with a finite number of agents on each side, and with two-sided incomplete information. Agents are matched assortatively on the basis of costly signals. Asymmetries in signalling activity between the two sides of the market can be explained by asymmetries either in...
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