The objective of this paper is to give the prospective outcome or "prospect" of a negotiation when the players' value can only be realized if a certain threshold is reached. Thresholds can be of different forms such as a certain number of players, a certain coalition of players or a certain...

This paper analyses the conditions under which a group of firms is incentivised to sign a voluntary agreement (VA) to control polluting emissions even in the presence of free-riding by other firms in the industry. We consider a policy framework in which firms in a given industry decide whether...

In this paper we introduce and characterize two new values for cooperative transferable utility games with graph restricted communication and a priori unions. Both values are obtained by applying the Shapley value to an associated TU-game. The graph-partition restricted TU-game is obtained by...