Showing 1 - 4 of 4
We study a setting in which individual players choose their partners as well as a mode of behavior in 2×2 anti-coordination games – games where a player’s best response is to choose an action unlike that of her partner. We characterize the equilibrium networks as well as study the effects...
Persistent link: https://www.econbiz.de/10005371503
Persistent link: https://www.econbiz.de/10005755792
This article studies a model of coalition formation for the joint production (and finance) of public projects, in which agents may belong to multiple coalitions. We show that, if projects are divisible, there always exists a stable (secession-proof) structure, i.e., a structure in which no...
Persistent link: https://www.econbiz.de/10010845478
Persistent link: https://www.econbiz.de/10008925275