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We consider a bargaining model of the interaction between a government and interest groups in which, unlike existing models, neither side is assumed to have all the bargaining power. The government will then find it optimal to constrain itself in the use of transfer policies to improve its...
Persistent link: https://www.econbiz.de/10005504570
This paper extends the infinitely repeated tariff lobbying game of Pecorino [8] to allow for imperfect monitoring, and revisits the question of how an industry's ability to maintain a cooperative outcome is affected by the number of firms in the industry. The paper demonstrated that Pecorino [8]...
Persistent link: https://www.econbiz.de/10005478635
The paper presents in a simple model the possible choices and constraints facing democratic governments when confronting an anti-democratic party challenge that is able to seriously endanger the survival of the democratic system.
Persistent link: https://www.econbiz.de/10005486878
From marketing and advertising to political campaigning and court proceedings, contending parties expend resources to persuade an audience of the correctness of their view. We examine how the probability of persuading the audience depends on the resources expended by the parties, so that...
Persistent link: https://www.econbiz.de/10004970910
I examine the determinants of conflict and settlement by embedding probabilistic contests in a bargaining framework. Different costly enforcement efforts (e.g., arming, litigation expenditures) induce different disagreement points and Pareto frontiers. After examining the incentives for...
Persistent link: https://www.econbiz.de/10004977974
Since an extended core violates related properties of consistency, this paper proposes the concept of pseudo core. By focusing on the agents and the operational levels simultaneously, an extended reduction is also introduced to axiomatize the pseudo core. Furthermore, this paper adopts the...
Persistent link: https://www.econbiz.de/10011096958
In this paper we study a model of political competition where citizens vote sincerely and candidates may be either citizens or Downsian politicians. The model extends the citizen-candidate model proposed by Osborne and Slivinski [1996] by including Downsian politicians similar to those studied...
Persistent link: https://www.econbiz.de/10011165334
This discussion paper led to a publication in 'Social Choice and Welfare', 2005, 24, 439-454.<P> Many economic and social situations can be represented by a digraph. Both axiomatic and iterativemethods to determine the strength or power of all the nodes in a digraph have been proposed inthe...</p>
Persistent link: https://www.econbiz.de/10011256523
structure is utilized to refine the core of the game. For every coalition the relative strength of a player within that … coalition is induced by the social structure and is measured by a power function. We call a payoff vector socially stable if at …
Persistent link: https://www.econbiz.de/10011257354
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906