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Information Design In Coalition Formation Games

Vosooghi, Sareh - 2017

information to agents, who consider joining a coalition. The agents' actions can cause harm by contributing to a public bad. The … coalition size, as a function of beliefs of agents, is an endogenous variable, induced by the information sender. The optimal … information mechanism from the general set of public information mechanisms, in coalition formation games is derived. I also apply …

Persistent link: https://www.econbiz.de/10011662438

Market power and information revelation in dynamic trading

Gottardi, Piero; Serrano, Roberto - 2002

We study a strategic model of dynamic trading where agents are asymmetrically informed over common value sources of uncertainty. There is a continuum of uninformed buyers and a finite number of sellers, some of them informed. When there is only one seller, full information revelation never...

Persistent link: https://www.econbiz.de/10010318890

A Game Theoretic Analysis of the Conditions of Knowledge Transfer by New Employees in Companies

von Ledebur, Sidonia - 2006

The availability of knowledge is an essential factor for an economy in global competition. Companies realise innovations by creating and implementing new knowledge. Sources of innovative ideas are partners in the production network but also new employees coming from another company or academia....

Persistent link: https://www.econbiz.de/10010274509

Taking a shower in Youth Hostels: risks and delights of heterogeneity

Matzke, Christina; Challet, Damien - 2008

Tuning one's shower in some hotels may turn into a challenging coordination game with imperfect information. The temperature sensitivity increases with the number of agents, making the problem possibly unlearnable. Because there is in practice a finite number of possible tap positions, identical...

Persistent link: https://www.econbiz.de/10010264912

Public and private learning from prices, strategic substitutability and complementarity, and equilibrium multiplicity

Manzano, Carolina; Vives, Xavier - 2010

We study a general static noisy rational expectations model, where investors have private information about asset payoffs, with common and private components, and about their own exposure to an aggregate risk factor, and derive conditions for existence and uniqueness (or multiplicity) of...

Persistent link: https://www.econbiz.de/10010270646

The Intricacy of Adapting to Climate Change: Flood Protection as a Local Public Goods Game

Bondarev, Anton; Hintermann, Beat; Krysiak, Frank C.; … - 2017

We study adaptation to climate change in a federalist setting. To protect themselves against an increase in flood risk, regional governments choose among adaptation measures that vary with respect to their costs, the level of protection they offer, and the presence and nature of spillovers to...

Persistent link: https://www.econbiz.de/10011615937

Implications of inequality aversion for international climate policy

Vogt, Carsten; Sturm, Bodo - 2011

In this paper, we extend the Fehr and Schmidt model of inequality aversion to a situation where the players differ with respect to their benefits and costs from contributions to a non-linear public good. A necessary condition for contributing to the public good is that the players' benefit...

Persistent link: https://www.econbiz.de/10010306006

How to Boost Countries' Climate Ambitions: Turning Gains from Emissions Trading into Gains for Climate

Böhringer, Christoph; Helm, Carsten; Schürer, Laura - 2023

The Nationally Determined Contributions (NDCs) under the Paris Agreement fall short of the abatement needed to reach the 2°C target. Emissions trading could be a "costless" means to reduce the ambition gap if countries used their gains from trade for additional abatement. However, this requires...

Persistent link: https://www.econbiz.de/10014377598

International Environmental Agreements with Uncertainty, Learning and Risk Aversion

Finus, Michael; Pintassilgo, Pedro; Ulph, Alistair - 2014

This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success of IEA formation when countries are risk neutral and...

Persistent link: https://www.econbiz.de/10010333447

Cooperation on climate change under economic linkages: How the inclusion of macroeconomic effects affects stability of a global climate coalition

Kersting, Jan; Duscha, Vicki; Weitzel, Matthias - In: The Energy Journal 38 (2017) 4, pp. 22-42

stability of the grand coalition of all countries, depending on the stability concept used. In particular, the core …

Persistent link: https://www.econbiz.de/10012315238