A model of coalition government formation is presented in which inefficient, non-minimal winning coalitions may form in Nash equilibrium. Predictions for five games are presented and tested experimentally. The experimental data support potential maximization as a refinement of Nash equilibrium....

In geographical zones with a continental Mediterranean climate, the convenience of passive systems becomes doubtful, when one takes into account real thermal performance throughout the different seasons of the year. It is assumed that these systems stay shut down during summer thus avoiding...

This paper reports results of an experimental study of uniform and discriminatory auctions of multiple objects in an environment of publicly known common values. We find that the bidding behavior in the uniform case exhibits two clear regularities: agents consistently play weakly dominated...

This paper reports results of an experimental study of uniform multi-unit auctions in an environment of publicly known common values. We find that the bidding behavior exhibits two clear regularities: agents consistently play weakly dominated strategies by overbidding on the first unit and have...

Network formation is frequently modeled using link-formation games and typically present a multiplicity of Nash equilibria. Cooperative refinements —such as strong or coalitional proof Nash equilibria— have been the standard tool used for equilibrium selection in these games. Non-cooperative...

The purpose of this paper is to verify experimentally the possibility and the degree of persistence of a self-fulfilling bank panic. Furthermore, we test various means to prevent or to curb it: the suspension of deposit convertibility, the "narrow banking" solution. We confirm the possibility of...

This study presents the thermal analysis of a building prototype, which was designed and built in accordance with energy efficiency measures to improve indoor thermal comfort, particularly in summer. The building prototype is located in Souidania (20 km southwest of Algiers, latitude 36°7N,...

The paper presents the results of an experimental study on ventilated walls with an external clay cladding in a temperate Mediterranean climate.

An adsorption icemaker with energy storage system is proposed for the utilization of medium temperature solar energy. In this system, the solar energy collected by parabolic trough collector (PTC) was used to provide the heat source for the adsorption icemaker. The performance of the icemaker is...

Nowadays a sustainable development for more efficient use of energy and protection of the environment is of increasing importance. Gas engine heat pumps represent one of the most practicable solutions which offer high energy efficiency and environmentally friendly for heating and cooling...