This paper studies a simple process of demand adjustment in cooperative games. In the process, a randomly chosen player makes the highest possible demand subject to the demands of other coalition members being satisfied. This process converges to the aspiration set; in convex games, this implies...

The European Environment Information and Observation Network (Eionet) is a partnership network of the EEA and its member and cooperating countries. This briefing presents the results of data collected in 2023 for 12 Eionet core data flows. It summarises the evaluation of hundreds of data...

The European Environment Information and Observation Network (Eionet) is a partnership network of the EEA and its member and cooperating countries. This briefing presents the results of data collected in 2023 for 12 Eionet core data flows. It summarises the evaluation of hundreds of data...

This paper studies an extensive form game of coalition formation with random proposers in games with externalities. It is shown that an agreement will be reached without delay if any set of coalitions profits from merging. Even under this strong condition, the equilibrium coalition structure is...

Consumers purchase energy in many forms. Sometimes energy goods are consumed directly, for instance, in the form of gasoline used to operate a vehicle, electricity to light a home, or natural gas to heat a home. At other times, the cost of energy is embodied in the prices of goods and services...

We consider a committee that consists of n members with one person one vote approving a proposal if the number of affirmative votes from the members reaches threshold k. Which threshold k between 1 and n is "good" for the committee? We suppose that if a new threshold k' proposed by some...

When selling goods like wireless spectrum or electricity contracts, auction designers often opt for core-selecting mechanisms -- i.e., auctions that induce outcomes in the core -- in order to balance revenue and efficiency goals. But increasingly, auctions -- such as the FCC's 2016-17 Incentive...

We study the allocation of indivisible objects under the general endowment structures proposed by Pápai (2000) – the consistent inheritance structures – which specify the initial endowment of objects and also the inheritance of remaining objects after subsets of agents are matched and...

Globally, sustainable development goals (SDGs), which need to be achieved using the sharing economy, are the focus of many recent studies. This article investigates the impact of sharing economy features such as core competence and resources on achieving SDGs in the tourism industry in the BRICS...