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. Our findings reveal that project correlation leads to these biases countervailing each other, facilitating the …, our study suggests limited benefits in the context of project correlation. …
Persistent link: https://www.econbiz.de/10014636248
produce for the endogenous formation of an international counterterror coalition. We show that there are quite reasonable … counterterror coalition, holding the choices of all other nations as given. The incentives to join the coalition are the group …-specific benefits from retaliation enjoyed by each coalition member, the relatively lower spillover benefit from retaliation enjoyed by …
Persistent link: https://www.econbiz.de/10013171770
, which capture foresight and impose the requirement that each coalition in a sequence of coalitional moves chooses optimally … that specifies the negotiation procedure underlying coalition formation. Therefore, it forms a bridge between the non …
Persistent link: https://www.econbiz.de/10012308618
motivated citizen groups form parties, voting occurs and governments are formed. We study the coalition governments that emerge … coalition formation game affects the incentives for party formation. In particular, we show that when the rents from office are …
Persistent link: https://www.econbiz.de/10013367780
We consider a hedonic coalition formation game in which at each possible partition any new coalition can decide the … can decide whether or not to support a coalition's move: they know which future partition, and hence payoffs, will be … probabilities that are always above some e > 0, then there is a behavior profile in which no coalition has a profitable one …
Persistent link: https://www.econbiz.de/10012659142
Harris, Reny, and Robson (1995) added a public randomization device to dynamic games with almost perfect information to ensure existence of subgame perfect equilibria (SPE). We show that when Nature's moves are atomless in the original game, public randomization does not enlarge the set of SPE...
Persistent link: https://www.econbiz.de/10012806463
communication device) in which the informed agent reports one of the N possible elements of a partition to the mediator and then the …
Persistent link: https://www.econbiz.de/10014426261
I consider multi-round cheap talk communication environments in which, after a lie, the informed party has no memory of … can arise in equilibrium. Elaborations are proposed to shed light on why non-trivial communication protocols are used in …
Persistent link: https://www.econbiz.de/10012587426
This paper deals with the effects of different modes of communication in a costless information transmission … having two senders and one receiver. The communication of senders is simultaneous in the first, sequential in the second and … one sender becomes insignificant in our two-sender model regardless of the mode of communication. However, as to the …
Persistent link: https://www.econbiz.de/10012431852
We studied how communication media affect trust game play. Three popular media were considered: traditional face …-to-face, Facebook groups, and anonymous online chat. We considered post-communication changes in players' expectations and preferences …, and further analyzed the contents of group communications to understand the channels though which communication appears to …
Persistent link: https://www.econbiz.de/10012432337