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Multilateral contracting with externalities
Gomes, Armando R. - In: Econometrica : journal of the Econometric Society, an … 73 (2005) 4, pp. 1329-1350
Persistent link: https://www.econbiz.de/10003013722
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Contracting with Externalities
Segal, Ilya R. - 2001
distortion is due to the externalities on agents' reservation utilities. In contrast, when the principal's offers are privately … observed, the distortion is due to the externalities arising at efficient trade profiles. When the principal can commit to an …
Persistent link: https://www.econbiz.de/10014209684
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Seuential vote buying
Chen, Ying; Zápal, Jan - 2021
Persistent link: https://www.econbiz.de/10012583377
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Contracting with Externalities
Segal, Ilya R. - 1999
distortion is due to the externalities on agents' reservation utilities. In contrast, when the principal's offers are privately … observed, the distortion is due to the externalities arising at efficient trade profiles. When the principal can commit to an …
Persistent link: https://www.econbiz.de/10014216292
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Pairing games and markets
Alkan, Ahmet; Tuncay, Alparslan - 2014
Pairing Games or Markets studied here are the non-two-sided NTU generalization of assignment games. We show that the Equilibrium Set is nonempty, that it is the set of stable allocations or the set of semistable allocations, and that it has several notable structural properties. We also...
Persistent link: https://www.econbiz.de/10010350435
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Coalition Bargaining in Repeated Games
Polanski, Arnold - 2018
-free manner, when just three natural conditions are satisfied:(C1) A coalition is formed with positive probability if, and only if … coalition distributes the entire surplus among its members.(C3) Members of any coalition are treated symmetrically with respect … to their share expectations when the surplus of this coalition is distributed.Our analysis primarily focuses on the limit …
Persistent link: https://www.econbiz.de/10012936985
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Order Matters : On Maskin's Coalition Formation Bargaining Model
Cao, Zhigang; Yang, Xiaoguang - 2011
We first show through a counter-example that the existence result of Maskin: Bargaining, coalitions and externalities …
Persistent link: https://www.econbiz.de/10014176923
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The Last will be First, and the First Last : Segregation in Societies with Positional Externalities
Herings, P. Jean-Jacques - 2019
This paper studies coalition formation among individuals who differ in productivity. The output of a coalition is … determined by the sum of productivities if the coalition exceeds a minimal threshold of members. We consider competitive … societies in which the surplus of a coalition is split according to productivity and egalitarian societies in which coalitions …
Persistent link: https://www.econbiz.de/10012896560
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Transaction Costs Can Encourage Coasean Bargaining
Robson, Alex R. W. - 2013
When there are three parties, instability problems brought about by the emptiness of the core of the corresponding cooperative game may cause the Coase Theorem to fail, even when other more direct impediments to bargaining are low. We show that the standard Coasean bargaining game involving...
Persistent link: https://www.econbiz.de/10014165917
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Coalitional Stability in Matching Problems with Externalities and Random Preferences
Piazza, Adriana; Torres-Martínez, Juan Pablo - 2021
We study coalitional stability in matching problems with externalities, including marriage markets, roommate problems … deviation, the social connectedness of those that can react to it, and the incidence of externalities in preferences. At the …
Persistent link: https://www.econbiz.de/10013313691