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In a standard TU-game it is assumed that every subset of the player set N can form a coalition and earn its worth. One of the first models where restrictions in cooperation are considered is the one of games with coalition structure of Aumann and Drèze (1974). They assumed that the player set...
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We propose two generalizations of the Banzhaf value for partition function form games. In both cases, our approach is based on probability distributions over the set of possible coalition structures that may arise for any given set of agents. First, we introduce a family of values, one for each...
Persistent link: https://www.econbiz.de/10010747859
Two new values for transferable utility games with graph restricted communication and a priori unions are introduced and characterized. Moreover, a comparison between these and the Owen graph value is provided. These values are used to analyze the distribution of power in the Basque Parliament...
Persistent link: https://www.econbiz.de/10005066311
We present a unifying framework for transferable utility coalitional games that are derived from a non-negative matrix in which every entry represents the value obtained by combining the corresponding row and column. We assume that every row and every column is associated with a player, and that...
Persistent link: https://www.econbiz.de/10011117953
A multi-sided Bohm-Bawerk assignment game (Tejada, to appear) is a model for a multilateral market with a finite number of perfectly complementary indivisible com- modities owned by different sellers, and inflexible demand and support functions. We show that for each such market game there is a...
Persistent link: https://www.econbiz.de/10010817237
This discussion paper resulted in a publication in the 'European Journal of Operational Research', 2013, 224, 167-179.<P> In a standard TU-game it is assumed that every subset of the player set can form a coalition and earn its worth. One of the first models where restrictions in cooperation are...</p>
Persistent link: https://www.econbiz.de/10011256829
We examine optimal procedures for public project provision, financing, and redistribution in democracy. We consider a large and heterogeneous decision body and show that first-best outcomes are obtained by a procedure that involves two proposal-making rounds, the right of the minority to move...
Persistent link: https://www.econbiz.de/10011083414
We examine the effects of a novel political institution, which we call Coalition- Preclusion Contracts, on elections, policies, and welfare. Coalition-Preclusion Contracts enable political parties to credibly commit before the elections not to form a coalition after the elections with one or...
Persistent link: https://www.econbiz.de/10010762513