Showing 1 - 10 of 1,215
The paper proposes a model of coopetitive-game (of normal-form type) within a perspective of economic growth and devote it to Greek crisis. The model is conceived at a macro level and its main aim is that of rebalancing the current-account of Greece. We construct the game trying to represent...
Persistent link: https://www.econbiz.de/10015241816
In the present work, we propose a coopetitive model applied to the Greek crisis, which aims both at improving the competitiveness of the Greek productive system and rebalancing the current account balance of the country. Our model of coopetition (based on normal form game theory) is conceived at...
Persistent link: https://www.econbiz.de/10015242009
We propose a solution concept for games that are played among hyperbolic discounters that are possibly naive about their own, or about their opponent's future time inconsistency. Our perception-perfect equilibrium essentially requires each player to take an action consistent with the subgame...
Persistent link: https://www.econbiz.de/10015243806
This paper examines a dynamic process of n-person coalitional bargaining problems. We study the stochastic evolution of social conventions by embedding a static bargaining setting in a dynamic process; Over time agents revise their coalitions and surplus distributions in the presence of...
Persistent link: https://www.econbiz.de/10015243844
We analyze a simple sequential algorithm (SA) for allocating indivisible items that are strictly ranked by n ≥ 2 players. It yields at least one Pareto-optimal allocation which, when n = 2, is envy-free unless no envy-free allocation exists. However, an SA allocation may not be maximin or...
Persistent link: https://www.econbiz.de/10015244033
In this paper, we develop a bargaining model where parties (or their intermediaries) make errors when reporting their bid. We characterize the Nash equilibria of the game and show that there is a unique equilibrium where trade takes place. This trade equilibrium is shown to converge to the Nash...
Persistent link: https://www.econbiz.de/10015244360
In the present introductory work we propose an original analytical model of coopetitive game. We suggest possible general and feasible solutions; in particular, from a coopetitive perspective, we suggest compromise solutions - for our coopetitive game, by using Kalai-Smorodinsky method.
Persistent link: https://www.econbiz.de/10015244844
Recent findings in economic theory show that cooperation (settlement) between two identical players with conflicting interests in a valuable and contestable resource always Pareto dominates violent dispute (war), given that cooperation is presented using a symmetric bargaining norm. Necessary...
Persistent link: https://www.econbiz.de/10015246239
This paper examines a dynamic process of n-person coalitional bargaining problems. We study the stochastic evolution of social conventions by embedding a static bargaining setting in a dynamic process; Over time agents revise their coalitions and surplus distributions in the presence of...
Persistent link: https://www.econbiz.de/10015248010
Krishna and Serrano (1996) study a model of multilateral bargaining, and claim that their analysis is applicable irrespective of whether the surplus exists at the start of the game or it is created after all players agree. We show that their claim is wrong. Their analysis is not applicable when...
Persistent link: https://www.econbiz.de/10015249542