This paper focuses on the link between group co-operation and unilateral commitment of some countries in the presence of global environmental problems. We show that in case of a failure of negotiation, some countries can decide to commit unilaterally and reduce their emissions. We call this...

This paper examines the existence of Berge equilibrium. Colman et al. provide a theorem on the existence of this type of equilibrium in the paper [Colman, A. M., Körner, T. W., Musy, O. and Tazdaït, T. [2011] Mutual support in games: Some properties of Berge equilibria, J. Math. Psychol. 55,...

[spa] La dinámica de los precios y de los salarios industriales : contratos escalonados y anticipaciones racionales, . por Jean-Christophe Pereau.. . En este artículo se analiza - teórica y numéricamente - la incidencia macroeconómica de las rigideces nominales de tipo contratos escalonados...

We consider bargaining between three firms that are all essential in creating a surplus. One of the firms is dominant in the sense that it ultimately decides whether the surplus will be created. The other firms have an incentive to get a large share of the pie for themselves, but leaving enough...

This paper analyses the impact of the disinflation policy timing on the sign and the magnitude of the sacrifice ratio in a modified price and wage staggered model of Blanchard (1986). When wages are updated every four quarters and prices every two quarters, we show that a "cold-turkey"...