Showing 1 - 10 of 187
This paper analyses a model of legislative bargaining in which parties form tentative coalitions (protocoalitions) before deciding on the allocation of a resource. Protocoalitions may fail to reach an agreement, in which case they may be dissolved (breakdown) and a new protocoalition may form....
Persistent link: https://www.econbiz.de/10011265463
A set of coalition structures <em>P</em> is farsightedly stable (i) if all possible deviations from any coalition structure p belonging to <em>P</em> to a coalition structure outside <em>P</em> are deterred by the threat of ending worse off or equally well off, (ii) if there exists a farsighted improvingpath from any...
Persistent link: https://www.econbiz.de/10008682977
The literature on International Environmental Agreements (IEAs) predicts a rather low number of signatories to an IEA. This is in sharp contrast to empirical evidence. As experimental economics provides some evidence for more complex human behavior, extending the theory of IEAs to a broader...
Persistent link: https://www.econbiz.de/10008682980
We study the recursive core introduced in Huang and Sjöström [8]. In general partition function form games, the recursive core coalition structure may be either coarser or finer than the one that maximizes the social surplus. Moreover, the recursive core structure is typically different from...
Persistent link: https://www.econbiz.de/10008682984
In this paper, we use a partition function form game to analyze cartel formation among firms in Cournot competition. We assume that a firm obtains a certain cost advantage that allows it to produce goods at a lower unit cost. We show that if the level of the cost advantage is "moderate", then...
Persistent link: https://www.econbiz.de/10012432603
Agents involved in a conflicting claims problem may be concerned with the proportion of their claims that is satisfied, or with the total amount they get. In order to relate both perspectives, we associate to each conflicting claims problem a bargaining-in-proportions set. Then, we obtain a...
Persistent link: https://www.econbiz.de/10011709839
We propose a dynamic model of decentralized many-to-one matching in the context of a competitive labor market. Through wage offers and wage demands, firms compete over workers and workers compete over jobs. Firms make hire-and-fire decisions dependent on the wages of their own workers and on the...
Persistent link: https://www.econbiz.de/10011709879
We study the class of directed simple games, assuming that only integer solutions are admitted; i.e., the players share a resource that comes in discrete units. We show that the integer nucleolus-if nonempty-of such a game is composed of the images of a particular payoff vector under all...
Persistent link: https://www.econbiz.de/10011709924
In an experimental study, we compare individual willingness to cooperate in a public good game after an initial team contest phase. While players in the treatment setup make a conscious decision on how much to invest in the contest, this decision is exogenously imposed on players in the control...
Persistent link: https://www.econbiz.de/10012227697
In this article, we analyze the stability of couples on the marriage market. Recent developments in cooperative game theory allow a new model that uses team games which make it possible to model the marriage market. Coalition structures can model couples. We analyze two cases: a symmetrical one...
Persistent link: https://www.econbiz.de/10012227703