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The core in Bertrand oligopoly TU-games with transferable technologies

Lardon, Aymeric - In: The B.E. journal of theoretical economics 20 (2020) 1, pp. 1-10

Persistent link: https://www.econbiz.de/10012170681

Blocking coalitions and fairness in asset markets and asymmetric information economies

Bhowmik, Anuj; Graziano, Maria Gabriella - In: The B.E. journal of theoretical economics 20 (2020) 1, pp. 1-29

Persistent link: https://www.econbiz.de/10012170689

Paths to stability in two-sided matching with uncertainty

Lazarova, Emiliya; Dimitrov, Dinko - 2013

We consider one-to-one matching problems under two modalities of uncertainty that differ in the way types are assigned to agents. Individuals have preferences over the possible types of the agents from the opposite market side and initially know the name but not the type of the other players....

Persistent link: https://www.econbiz.de/10010294285

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

Transferring ownership of public housing to existing tenants: A mechanism design approach

Andersson, Tommy; Ehlers, Lars; Svensson, Lars-Gunnar - 2015

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/10011327886

The Picketty inequality in the Nash-Bargained social contract

Fabella, Raul V. - 2014

As a proxy for a Pareto-efficient market economy, we adopt the two-party Nash Bargaining model featuring a qualitative bias in the treatment of the contributions of the parties. The Piketty inequality here is the share in total welfare accruing to the richer party over total welfare attained at...

Persistent link: https://www.econbiz.de/10011335576

Single-peakedness and disconnected coalitions

Brams, Steven J.; Jones, Michael A.; Kilgour, D. Marc - 2002

models of coalition formation:• Fallback (FB): Players seek coalition partners by descending lower and lower in their … preference rankings until a majority coalition forms.• Build-Up (BU): Similar to FB, except that when nonmajority subcoalitions … convergence process.FB better reflects the unconstrained, or nonmyopic, possibilities of coalition formation, whereas BU …

Persistent link: https://www.econbiz.de/10011335684

Notions of anonymity for object assignment: Impossibility theorems

Kondo, Hikaru; Serizawa, Shigehiro - 2015

We search for impartiality in the allocation of objects when monetary transfers are not possible. Our main focus is anonymity. The standard definition requires that if agents' names are permuted, their assignments should be permuted in the same way. Since no rule satisfies this definition in...

Persistent link: https://www.econbiz.de/10011421502

An impossibility theorem in matching problems

Takagi, Shohei; Serizawa, Shigehiro - 2006

This paper studies the possibility of strategy-proof rules yielding satisfactory solutions to matching problems. Alcalde and Barberá (1994) show that effcient and individually rational matching rules are manipulable in the one-to-one matching model. We pursue the possibility of strategy-proof...

Persistent link: https://www.econbiz.de/10010332209

Secure implementation in economies with indivisible objects and money

Fujinaka, Yuji; Wakayama, Takuma - 2007

This paper studies the application of the notion of secure implementation (Cason, Saijo, Sjöström, and Yamato, 2006; Saijo, Sjöström, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal...

Persistent link: https://www.econbiz.de/10010332239