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We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of … international environmental agreements on climate change, with the possibility that singletons support coalition formation without … becoming coalition members themselves. Rather, their support takes the form of a monetary transfer to the coalition, which …
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coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river …
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A consistent mapping of all complex ramifications (including direct and indirect effects) of variousgreenhouse policies in an open institutional economy requires the use of a general equilibriumframework. From the existing set of available equilibrium models we have selected the...
Persistent link: https://www.econbiz.de/10011318586
This paper studies patenting decisions by firms in relation to the negotiation and signing of the Helsinki and Oslo protocol as part of the Convention on Long-Range Transboundary Air Pollution. We use a uniquely constructed patent data set on SO2 abatement technologies filed in 15 signatory and...
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Simple games in partition function form are used to model voting situations where a coalition being winning or losing … might depend on the way players outside that coalition organize themselves. Such a game is called a plurality voting game if … in every partition there is at least one winning coalition. In the present paper, we introduce a power index for this …
Persistent link: https://www.econbiz.de/10015173722
In this paper, we analyze bankruptcy problems with nontransferable utility (NTU) from a game theoretical perspective by redefining corresponding NTU-bankruptcy games in a tailor-made way. It is shown that NTU-bankruptcy games are both coalitional merge convex and ordinal convex. Generalizing the...
Persistent link: https://www.econbiz.de/10010250500