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We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10014113682
and monotonic on the contracts. If the grand coalition is not efficient we show that bargaining delays arise in positive …-externality games. Otherwise, if the grand coalition is efficient, there are no bargaining delays and convergence to the grand coalition …
Persistent link: https://www.econbiz.de/10014029064
with respect to both emissions and membership. In that encompassing IEA game the size of the coalition is increasing in the … values, the grand coalition may or may not be attained if one of the moral parameter increases and tends towards one. …
Persistent link: https://www.econbiz.de/10013453815
motivated citizen groups form parties, voting occurs and governments are formed. We study the coalition governments that emerge … coalition formation game affects the incentives for party formation. In particular, we show that when the rents from office are …
Persistent link: https://www.econbiz.de/10013367780
players and spillovers to non-members. I introduce a sharing rule for coalition payoffs, called optimal sharing which … stabilises all cartels that are possibly stable under any rule. Under optimal sharing the grand coalition is the unique stable …
Persistent link: https://www.econbiz.de/10014064613
in favor of another feasible alternative by any coalition. We use this test of coalitional voting in an incomplete … among members of a coalition is endogenous. Our results lend support to the credible core of Dutta and Vohra (2003) and the …
Persistent link: https://www.econbiz.de/10014064860
our model and experiments, introducing a coalition formation stage prior to making a contribution decision enables sorting …
Persistent link: https://www.econbiz.de/10014348084
coalition to coordinate provision. Compared with games with only goods (or only bads) we find larger coalitions in equilibrium …. Specifically, we analyze a game with quadratic benefit- and cost functions and we find the grand coalition to be stable except for … situations where agents have identical or almost identical characteristics. The main driving force of coalition stability is that …
Persistent link: https://www.econbiz.de/10014380761
The aim of this note is to discuss previously unnoticed stability properties of majoritarian decision making. We study collective decisions problems that can be described in terms of symmetric games satisfying various regularity conditions. We show that restricting the objecting power to...
Persistent link: https://www.econbiz.de/10014166245
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to …
Persistent link: https://www.econbiz.de/10014190389