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that the only non-trivial coalition structure with a relatively high Stability Likelihood (around 25 percent) is a … coalition between the European Union and Japan, though quantitative results depend especially on the variance in regional …
Persistent link: https://www.econbiz.de/10014063185
condition is imposed as well, the existence of Nash stable partitions. -- Coalition formation ; Nash stability ; Partitions …
Persistent link: https://www.econbiz.de/10003731618
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to …
Persistent link: https://www.econbiz.de/10008737140
We study coalitional games where the proceeds from cooperation depend on the entire coalition structure. The coalition … structure core (Kóczy, 2007) is a generalisation of the coalition structure core for such games. We introduce a noncooperative …, sequential coalition formation model and show that the set of equilibrium outcomes coincides with the recursive core. In order to …
Persistent link: https://www.econbiz.de/10008823908
modifications: first, payoff division can only be agreed upon after the coalition has formed (two-stage bargaining); second …, negotiations in the coalition can break down, in which case a new coalition may be formed (reversible coalitions). Under the most … propoper advantage and a linear relationship between weights and ex post payoffs for all coalition members other than the …
Persistent link: https://www.econbiz.de/10003675312
This paper studies a noncooperative allocation procedure for coalitional games with veto players. The procedure is similar to the one presented by Dagan et al. (1997) for bankruptcy problems. According to it, a player, the proposer, makes a proposal that the remaining players must accept or...
Persistent link: https://www.econbiz.de/10009578191
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....
Persistent link: https://www.econbiz.de/10011279698
Risk of stock collapse is a genuine motivation for cooperative fisheries management. We analyse the effect of an endogenously determined risk of stock collapse on the incentives to cooperate in a Great Fish War model. We establish that equilibrium harvest strategies are non-linear in stock and...
Persistent link: https://www.econbiz.de/10011287058
We consider a game played by a state sponsor of terrorism, a terrorist group, and the target of terrorist attacks. The sponsoring state wishes to see as much damage inflicted on the target of attack as possible, but wishes to avoid retaliation. To do so, his relationship with the terrorist group...
Persistent link: https://www.econbiz.de/10011379528
)The coalition decision, (ii) proposers' demand behavior in 2- and 3-personultimatum subgames, and (iii) theresponders' behavior in …
Persistent link: https://www.econbiz.de/10011301151