Due to moral hazard problems, municipal mergers in Japan did not result in as many amalgamations as a central planner …

Due to moral hazard problems, municipal mergers in Japan did not result in as many amalgamations as a central planner …

Political coalition formation games can describe the formation and dissolution of nations, as well as the creation of … coalition governments, the establishment of political parties, and other similar phenomena. These games have been studied from a … of estimating political coalition formation models with many-player coalitions, and then illustrates this method by …

planned municipal mergers during the Meiji period, with data from Gifu prefecture. The observed merger pattern can be … choose their merger partners, counterfactual simulations show that the core is always non-empty, but core partitions contain …

This chapter surveys a sizable and growing literature on coalition formation. We refer to theories in which one or more … payoffs at each date according to the coalition structure prevailing at the time. We use this model to nest two broad … approaches to coalition formation, one based on cooperative game theory, the other based on noncooperative bargaining. Three …

that the grand coalition could be stable for both types of agreement, but for extremely high degrees of effectiveness of …

problem between the national and local levels of government. The merger process is modeled using a cooperative form coalition …In Japan, a formula-based transfer system resulted in local benefits from municipal mergers differing substantially … selection assumption nor the enumeration of all possible mergers. Estimates suggest that the actual merger incentives the …

Due to moral hazard problems, municipal mergers in Japan did not result in as many amalgamations as a central planner …

Due to moral hazard problems, municipal mergers in Japan did not result in as many amalgamations as a central planner …