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When there are three parties, it is well known that the Coase Theorem may not hold even when there are no transaction costs, due to the emptiness of the core of the corresponding cooperative game [Aivazian and Callen (1981)]. We show that the standard Coasean bargaining game involving three...
Persistent link: https://www.econbiz.de/10011107924
In this paper, we introduce interdependent preferences to a classical one-to-one matching problem that allows for the prospect of being single, and study the existence and properties of stable matchings. We obtain the relationship between the stable set, the core, and the Pareto set, and give a...
Persistent link: https://www.econbiz.de/10005836394
Lignite mine and power plant can operate as two separate entities, two entities in one holding or joint venture and as the one vertically integrated energy producer. Each of these solutions has the influence on operation of this tandem including realization of its individual and joint...
Persistent link: https://www.econbiz.de/10005621675
The newest outcome of bilateral monopoly (BM) of lignite opencast mine & power plant analysis have been discussed. The determinism of optimal solution maximising joint profits not only in quantity of lignite - the size and shape of the ultimate pit (characteristic to classical solution) but also...
Persistent link: https://www.econbiz.de/10005621826
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...
Persistent link: https://www.econbiz.de/10005260247
The paper proposes a coopetitive model for the Green Economy. It addresses the issue of the climate change policy and the creation and diffusion of low-carbon technologies. In the present paper the complex construct of coopetiton is applied at macroeconomic level. The model, based on Game...
Persistent link: https://www.econbiz.de/10009369174
The paper aims at providing a Game Theory model of coopetition which addresses the problem of the global Green Economy. The Green Economy is a theoretical model of sustainable development. This sustainable development model should lead to reduce emissions of greenhouse gases, determine the...
Persistent link: https://www.econbiz.de/10009151576
This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
The newest findings in analysis of bilateral monopoly (BM) of lignite opencast mine & power plant have been discussed. The determinism of optimal solution not only in quantity of lignite (the size and shape of the ultimate pit) but also in its price has been depicted. It has been proposed to...
Persistent link: https://www.econbiz.de/10005787000
" outcome is broadly established and accepted, but elaborations to encompass games with externalities (represented by partition …
Persistent link: https://www.econbiz.de/10005790052