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Houba, Harold; Do, Pham; Hang, Kim; Zhu, Xueqin - Volkswirtschaftliche Fakultät, … - 2011

The Mekong River (MR) is shared by six countries: China, Myanmar, Thailand, Laos, Cambodia, and Vietnam. Over the years there have been both conflict and cooperation on managing the water resources to meet population growth, climate change and the desire for economic development. Currently, the...

Persistent link: https://www.econbiz.de/10011107501

Transaction Costs can Encourage Coasean Bargaining

Robson, Alex - Volkswirtschaftliche Fakultät, … - 2012

costs, due to the emptiness of the core of the corresponding cooperative game [Aivazian and Callen (1981)]. We show that the … game. Hence, when there are three parties, the Coase Theorem fails if and only if the core of the corresponding three … costs which, when introduced into a frictionless bargaining situation, will cause an empty core to become non-empty. In …

Persistent link: https://www.econbiz.de/10011107924

Voting power in the Electoral College: The noncompetitive states count, too

Brams, Steven J; Kilgour, D. Marc - Volkswirtschaftliche Fakultät, … - 2014

In U.S. presidential elections, voters in noncompetitive states seem not to count—and so have zero voting power, according to the Banzhaf and other voting-power indices—because they cannot influence the outcome in their states. But because the electoral votes of these states are essential to...

Persistent link: https://www.econbiz.de/10011108188

Improving Fairness and Efficiency in Matching with Distributional Constraints: An Alternative Solution for the Japanese Medical Residency Match

Goto, Masahiro; Iwasaki, Atsushi; Kawasaki, Yujiro; … - Volkswirtschaftliche Fakultät, … - 2014

Regional imbalance of doctors is a serious issue in many countries. In an attempt to average the geographical distribution of doctors, the Japanese government introduced ``regional caps'' recently, restricting the total number of medical residents matched within each region. Motivated by this...

Persistent link: https://www.econbiz.de/10011108745

A Simple Bargaining Model where Parties Make Errors

Van Essen, Matthew - Volkswirtschaftliche Fakultät, … - 2014

In this paper, we develop a bargaining model where parties (or their intermediaries) make errors when reporting their bid. We characterize the Nash equilibria of the game and show that there is a unique equilibrium where trade takes place. This trade equilibrium is shown to converge to the Nash...

Persistent link: https://www.econbiz.de/10011108870

Does one word fit all? The asymmetric effects of central banks' communication policy

Bennani, Hamza - Volkswirtschaftliche Fakultät, … - 2014

This paper provides an extension of Morris and Shin's (2002) model (Morris, S., Shin, H. S. (2002). Social value of public information. The American Economic Review, 92(5), 1521-1534.). It considers an "interpretation bias" of the public signal sent by central banks such as the ECB or the FED....

Persistent link: https://www.econbiz.de/10011109133

A model for coopetitive games

Carfì, David - Volkswirtschaftliche Fakultät, … - 2010

In the present introductory work we propose an original analytical model of coopetitive game. We suggest possible general and feasible solutions; in particular, from a coopetitive perspective, we suggest compromise solutions - for our coopetitive game, by using Kalai-Smorodinsky method.

Persistent link: https://www.econbiz.de/10011109139

Two-Sided Matchings: An Algorithm for Ensuring They Are Minimax and Pareto-Optimal

Steven, Brams; Marc, Kilgour - Volkswirtschaftliche Fakultät, … - 2013

Gale and Shapley (1962) proposed the deferred-acceptance algorithm for matching (i) college applicants and colleges and … always Pareto-optimal: No other matching is at least as good for all the players and better for one or more. If there are …

Persistent link: https://www.econbiz.de/10011109567

Endogenously Proportional Bargaining Solutions

Saglam, Ismail - Volkswirtschaftliche Fakultät, … - 2012

This paper introduces a class of endogenously proportional bargaining solutions. These solutions are independent of the class of Directional solutions, which Chun and Thomson (1990a) proposed to generalize (exogenously) proportional solutions of Kalai (1977). Endogenously proportional solutions...

Persistent link: https://www.econbiz.de/10011111057

Improving competitiveness and trade balance of Greek economy: a coopetitive strategy model

David, Carfì; Daniele, SCHILIRO' - Volkswirtschaftliche Fakultät, … - 2014

In the present work, we propose a coopetitive model applied to the Greek crisis, which aims both at improving the competitiveness of the Greek productive system and rebalancing the current account balance of the country. Our model of coopetition (based on normal form game theory) is conceived at...

Persistent link: https://www.econbiz.de/10011111372