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In Hart and Kurz (1983), stability and formation of coalition structures has been investigated in a noncooperative framework in which the strategy of each player is the coalition he wishes to join. However, given a strategy profile, the coalition structure formed is not unequivocally determined....
Persistent link: https://www.econbiz.de/10015216551
This paper studies the dynamics of bargaining in an intrahousehold context. To explore long-term partner relationships, we analyse bilateral bargaining by considering that spouses take decisions sequentially. We conclude that, for the spouse who takes the second decision, a greater discount...
Persistent link: https://www.econbiz.de/10015218527
contribute to the profitability of the network, which is dependent on the actions of the actors involved. We analyze certain … provide a real life example in order to truly understand the mechanism of the network, and validate our theoretical …
Persistent link: https://www.econbiz.de/10015218863
In this note we challenge the non-cooperative foundations of cooperative bargaining solutions on the grounds that the limit operation for approaching a frictionless world is not robusto We show that when discounting almost ceases to play a role, any individually rational payoff can be supported...
Persistent link: https://www.econbiz.de/10015218962
to the developments of Argumentation Theory (AT). Understand that economic agents react according to the information they …
Persistent link: https://www.econbiz.de/10015220091
We apply an intermediation game of Townsend (1983) to analyze trade in an exchange economy through endogenous intermediaries. In this game, each trader has the opportunity to become an intermediary by oering to buy or sell unlimited quantities of the commodities at a certain price vector and for...
Persistent link: https://www.econbiz.de/10015221203
The paper develops an optimal control model to analyse various management options for infectious diseases that occur in metapopulations, under both Nash and cooperative behaviour. As pathogens are renewable resources with negative value, the problem may be non-convex. Since the disease can be...
Persistent link: https://www.econbiz.de/10015221365
transformation and the privatisation, were discussed. The attention is focused on the fact that the practice is overtaking the theory …
Persistent link: https://www.econbiz.de/10015222312
For methods of the profit division in the bilateral monopoly of the mine and the power station sug-gested in the first part of this paper the formulae for lignite price and shares in the joint profit of the mine and the power station are calculated. The proposed profit division contain: the...
Persistent link: https://www.econbiz.de/10015222319
For the hypothetical deposit with parameters similar to KWB “Konin” S.A. conditions; lignite prices and proposed divisions are calculated and results were discussed under the angle of the fairness (equity) of the division and the possibility of their approval by both sides. A sensitivity...
Persistent link: https://www.econbiz.de/10015222340