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We develop a theoretical framework that allows us to study which bilateral links and coalition structures are going to emerge at equilibrium. We define the notion of coalitional network to represent a network and a coalition structure, where the network speciÖes the nature of the relationship...
Persistent link: https://www.econbiz.de/10010549156
In this paper we propose a new party-system fragmentation measure as equivalent number of parties that fully takes into account the pivotal power of parties. The novel approach we adopt in the method of construction for an index of fragmentation allows us to take advantage of the theory of...
Persistent link: https://www.econbiz.de/10011026126
In this note we make a comparison between the class of monotonic TU cooperative games and the class of superadditive TU cooperative games. We first provide the equivalence between a weakening of the class of su- peradditive TU games and zero-monotonic TU games. Then, we show that zero-monotonic...
Persistent link: https://www.econbiz.de/10011026220