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We investigate the Nash equilibria of game theoretic models of network formation based on explicit consent in link formation. These so-called “consent models” explicitly take account of link formation costs. We provide characterizations of Nash equilibria of such consent models under both...
Persistent link: https://www.econbiz.de/10011065171
In this paper we examine the properties of stable coalitions under sequential and simultaneous bargaining by competing labor unions. We do this using the Nash bargaining solution and various notions of stability, namely, Nash, coalitional, contractual and core stability.
Persistent link: https://www.econbiz.de/10009194897
Persistent link: https://www.econbiz.de/10005362506