This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … decisions of network and power plants need to be coordinated. In unbundled markets, firm-internal coordination no longer applies …. We develop a formal approach to examine whether sim- ple information exchange ("cheap talk") could restore coordination …

dominance properties of the coordination problem, and that these changes subsequently explain borrowers' default. For the …

properties of the coordination problem, and that these changes subsequently explain borrowers' default. For the individual …

properties of the coordination problem, and that these changes subsequently explain borrowers' default. For the individual …

Global games of regime change – coordination games of incomplete information in which a status quo is abandoned once a … ; coordination ; multiple equilibria ; information dynamics ; crises …