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This paper investigates the strategic value of the managerial incentive scheme in affecting firms' incentive in R&D investment and their product market activities. Firstly, we find that in Cournot-quantity competition, owners strategically assign a non-profit-maximization objective to their...
Persistent link: https://www.econbiz.de/10013436209
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game …) coalitional equilibrium, describe a (cooperative) partition form game. A coalition is core-stable if the core of a suitable …
Persistent link: https://www.econbiz.de/10003974150
particular, for a given coalition structure we study to what extend the stability of tax agreements is affected by the coalitions … means of a repeated game setting employing simple trigger strategies and we allow a sub-coalition to deviate from the … coalitional equilibrium. For a given form of punishment we are able to rank the stability of different coalition structures as …
Persistent link: https://www.econbiz.de/10009506562
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if … results. I provide a set of conditions which is sufficient for the equivalence between coalition strategy-proofness and Maskin … monotonicity. This generalizes some known results. -- social choice function ; coalition strategy-proofness ; Maskin monotonicity …
Persistent link: https://www.econbiz.de/10003371462
particular, for a given coalition structure we study to what extend the stability of tax agreements is affected by the coalitions … means of a repeated game setting employing simple trigger strategies and we allow a sub-coalition to deviate from the … coalitional equilibrium. For a given form of punishment we are able to rank the stability of different coalition structures as …
Persistent link: https://www.econbiz.de/10013108831
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if … results. I provide a set of conditions which is sufficient for the equivalence between coalition strategy-proofness and Maskin …
Persistent link: https://www.econbiz.de/10012733205
In this paper we apply the so-called partition function approach to study coalition formation in the North … stage, given the coalition structure that has been formed, each coalition choose the economic strategy that maximises its … induction to obtain the set of Nash equilibria coalition structures in pure strategies, if any. We find out that the current …
Persistent link: https://www.econbiz.de/10012945424
). I review several games of coalition formation (the Single Coalition Formation game, the Open Membership game, the … Exclusive Membership game, the Coalition Unanimity game, the Equilibrium Binding Agreements game) and examine equilibrium … coalition structures in these games …
Persistent link: https://www.econbiz.de/10012765467
distribution of coalitional gains and the dynamics of coalition formation are characterized in four illustrative applications. …
Persistent link: https://www.econbiz.de/10011602846
show the equivalence between the set of pairwise stable matchings and the set of matchings generated by coalition …
Persistent link: https://www.econbiz.de/10011593632