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We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural …
Persistent link: https://www.econbiz.de/10010191642
This paper studies an extensive form game of coalition formation with random proposers in games with externalities. It … the absence of externalities, and symmetric players are not necessarily treated symmetrically in equilibrium. If the grand … coalition forms without delay in equilibrium, expected payoffs must be in the core of the characteristic function game that …
Persistent link: https://www.econbiz.de/10012650908
In the absence of externalities, marginality is equivalent to an independence property that rests on Harsanyi … and independence for games with externalities. We measure a player‘s contribution in an embedded coalition by the change …. The introduced method also allows us to investigate egalitarian solutions and to reveal how accounting for externalities …
Persistent link: https://www.econbiz.de/10012010357
required to internalize global environmental externalities. Therefore we adopt a dynamic framework of two economies (i … international environmental externalities - both are empirically significant. Starting from noncooperation we investigate the …
Persistent link: https://www.econbiz.de/10010485437
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
the externalities involved, as well as with where the source of cooperation lies in cooperative game theory. In either … on the nature of the gamma core in general are given as well as of the Chander-Tulkens solution within the gamma core …
Persistent link: https://www.econbiz.de/10010312597
continue to negotiate as long as there are gains from trade, and coalitions may create positive or negative externalities. The … theory yields a unique stationary subgame perfect Nash equilibrium outcome - the coalitional bargaining value-that has an …
Persistent link: https://www.econbiz.de/10014035050
coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
Persistent link: https://www.econbiz.de/10011383187
Persistent link: https://www.econbiz.de/10010351370
Persistent link: https://www.econbiz.de/10011447776