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Administrative and political reorganization is being actively debated even in the mature, stable economies of Western Europe. This paper investigates the possibility of such reorganization being tied to the integration of economic markets. The paper describes the equilibrium of a game where...
Persistent link: https://www.econbiz.de/10005114167
In the problem of locating multiple public facilities studied by Barbera and Bevia (2002), we offer simple necessary and sufficient conditions for effciency, decentralizability of efficient decisions in a game of community division and local public goods provision, and a constructive algorithm...
Persistent link: https://www.econbiz.de/10005115539
In the problem of locating multiple public facilities studied by Barbera and Bevia [2, 3], we offer simple necessary and sufficient conditions for efficiency, decentralizability of efficient decisions in a game of community division and local public goods provision, and a constructive algorithm...
Persistent link: https://www.econbiz.de/10005616524
We study the structure of unstable local effectivity functions defined for n players and p alternatives. A stability index based on the notion of cycle is introduced. In the particular case of simple games, the stability index is closely related to the Nakamura Number. In general it may be any...
Persistent link: https://www.econbiz.de/10005025524
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This paper establishes sufficient conditions for the existence of a stable coalition structure in the coalition unanimity game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our conditions are defined on the strategic form game used to...
Persistent link: https://www.econbiz.de/10011600510
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