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The paper explores the scope and sustainability of a self-enforcing cooperative agreement in the framework of a game theoretic model, where the upstream and downstream country, Burkina Faso and Ghana respectively in the Volta River Basin, bargain over the level of water abstraction in the...
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The present paper investigates the effects of bargaining structures and agendas on the quality differentiation … linear city model. The presence of labor union(s) and the bargaining processes (i.e., centralized vs. decentralized structure … of exogenous production costs. The results reveal that the effect of centralization on the two bargaining agendas is …
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In Hotelling's fundamental model (1929), the geographical distance and high transportation costs grant firms present in a market a certain power over local buyers in their neighborhoods. Starting from his model, this study shows that in the competition between a bank and a microfinance...
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