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). This paper argues that the structure of games including a veto player (Veto games) is similar to the WTO/DDA negotiations … that learning about power is dominant over learning from simple repetition in Veto games. Additionally, this paper shows … that players are concerned about how much they have gained in previous games in Veto games, although their memories …
Persistent link: https://www.econbiz.de/10011572871
bargaining games. The experiment results reveal that the existence of a strong player with veto power could delay the games …. Considering the similarity between the games with the veto player and multilateral trade negotiations such as the Doha Development …
Persistent link: https://www.econbiz.de/10011009848
Persistent link: https://www.econbiz.de/10011376188
In a veto game, we investigate the effects of "buyout" which allows non-veto players strategically form an intermediate … much lower than predicted by theory, regardless of the relative negotiation power between veto and non-veto players. Second …, allowing coalition formation among non-veto players does not affect the surplus distribution between veto and non-veto players …
Persistent link: https://www.econbiz.de/10013243564
with no line-item veto increases communication and can benefit both the legislature and, in many cases, the executive as …
Persistent link: https://www.econbiz.de/10005150896
agents increases inefficient delay and reduces agents' welfare. This occurs in spite of the lack of informational asymmetries …
Persistent link: https://www.econbiz.de/10014537034
on real multilateral trade negotiations. This paper argues that structure of games including a veto player (Veto games … contribution involves showing that learning on power is dominant over learning on theory in Veto games. More importantly, this … paper shows that players are concerned about how much they have gained in previous games in Veto games, although their …
Persistent link: https://www.econbiz.de/10013048163
This paper studies a noncooperative allocation procedure for coalitional games with veto players. The procedure is …
Persistent link: https://www.econbiz.de/10009578191
This paper studies an allocation procedure for coalitional games with veto players. The procedure is similar to the one …
Persistent link: https://www.econbiz.de/10013036720
multiplicity of equilibrium strategies. This also enables us to establish some important properties of SSPE. We then introduce veto …
Persistent link: https://www.econbiz.de/10014188563