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We consider a hedonic coalition formation game in which at each possible partition any new coalition can decide the probability with which to form and leave the current partition. These probabilities are commonly known so that farsighted players can decide whether or not to support a coalition's...
Persistent link: https://www.econbiz.de/10012659142
We extend the analysis of van Damme (1987, Section 7.5) of the famous smoothing demand in Nash (1953) as an argument for the singular stability of the symmetric Nash bargaining solution among all Pareto efficient equilibria of the Nash demand game. Van Damme's analysis provides a clean...
Persistent link: https://www.econbiz.de/10012163936
The literature on household behavior contains hardly any empirical research on the withinhousehold distributional effect of tax-benefit policies. We simulate this effect in the framework of a collective model of labor supply when shifting from a joint to an individual taxation system in France....
Persistent link: https://www.econbiz.de/10001870668
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Gill and Prowse (2023) study response times using a repeated p-beauty contest (p = 0.7). Looking at between-subject variation in response times, they found that subjects who think for longer, on average, win more rounds and choose lower numbers. When comparing average response times and level-k...
Persistent link: https://www.econbiz.de/10015078206
This paper suggests a new approach for centrality measures for general (weighted) networks taking into account the importance for cohesion and relative power of connections. While existing literature either ignores the importance for cohesion or measures it by analyzing consequences arising from...
Persistent link: https://www.econbiz.de/10010483878
This paper explores situations where tenants in public houses, in a specific neighborhood, are given the legislated right to buy the houses they live in or can choose to remain in their houses and pay the regulated rent. This type of legislation has been passed in many European countries in the...
Persistent link: https://www.econbiz.de/10011332808
This paper analyzes the relationships between the degree of decentralization of public policy and the emergence of horizontal strategic interactions. We analyze the structural funds allocation process in determining how the structure of governance of cohesion policy a ects the development of...
Persistent link: https://www.econbiz.de/10011509059
In Turkey, after the 1999 Gölcük Earthquake, urban redevelopment has been seen as a major solution for removal or rehabilitation of low quality urban settlements. Several laws and bylaws have been passed to this end. One of the major tasks of this transformation and/or redevelopment is to...
Persistent link: https://www.econbiz.de/10011559882