Extending the standard 2 x 2 Heckscher-Ohlin-Samuelson model to include emission as the third production factor, we consider the effects of emission taxes on outputs and the level of emission. The following results are derived. First, an increase in emission tax imposed on one industry may...

We consider how public goods can be provided and accumulated over generations of self-interested individuals in the absence of a government authority. A dynamic voluntary participation game is presented to analyze interrelations among group formation, accumulation and population change. We show...

We present a noncooperative foundation of an asymmetric Nash bargaining solution for a general n-person cooperative game in strategic form in which coalitions exert externalities. The Nash bargaining solution should be immune to any coalitional deviations. Our noncooperative approach leads to a...

In 2009 China passed the United States to become the world's top country in terms of motor vehicle manufacturing and sales. One factor behind automobile industry development is motorization. Motorization is perceived as a synonym for an affluent life, but as one can see from the examples of...

This article analyzes the identifiability of k-variate, M-component finite mixture models in which each component distribution has independent marginals, including models in latent class analysis. Without making parametric assumptions on the component distributions, we investigate how one can...

Based on recent developments in non-cooperative coalitional bargaining theory, I review game theoretical analyses of cooperation and institution. The first part presents basic results of the random-proposer model and applies them to the problem of involuntary unemployment in a labor market....

This study examines the effect of Japanese employment quota system for disabled people on their employment. By using official data pertaining to Japan, we show that a levy-grant scheme increases the employment of disabled workers in Japan’s manufacturing industry. In addition, we find that...