We study information disclosure in standard auctions where bidders preferences are horizontally differentiated, whose valuations depend on the matching between the product attribute and their preferences. The seller may reveal product information in the form of partition prior to the auction....

This paper investigates how consumers’ level of knowledge and social embeddedness can influence sustainable consumption. An extended model of goal-directed behavior (MGB) is tested by U.S. airline consumers who have participated in UNICEF’s Change for Good (CFG) and voluntary carbon...

A new linear value for cooperative transferable utility games is introduced. The recursive definition of the new value for an n-person game involves a sequential process performed at n−1 stages, applying the value to subgames with a certain size k,1⩽kn, combining with the rule of two-leveled...

We introduce a family of sequential contributions rules for minimum cost spanning tree problems. Each member of the family assigns an agent part of the cost of connecting him to his immediate predecessor, and all of his followers are equally responsible for the remaining part. We characterize...

I introduce a noncooperative coalitional bargaining model for characteristic function form games. A player not only buys out other players' resources and rights with upfront transfers as in Gul (Econometrica, 1989), but also strategically chooses partners instead of bargaining with a randomly...