core of the game, being the set of payoffs to the players that cannot be improved upon by any coalition of players ….For every coalition the relative strength of a player within that coalition is induced by the social structure and is measured ….In case the social structure is such that every player in a coalition has the same power, social stability reduces to …

Those lecture notes cover the basics of a course in microeconomic theory for MSc students in Economics. They were … developed over five years of teaching MSc Economic Theory I in the School of Economics at the University of East Anglia in … Norwich, UK. The lectures differ from the standard fare in their emphasis on utility theory and its alternatives. The …

information known about the opponent's strategy at the time of the decision. Additionally, utility theory is used to capture the …

constraint to the utility function. The problem is solved through the standard incentive theory and bargaining theory. Findings … economics, and bridge the gaps between the fairness approach and the standard incentive theory and bargaining theory. Practical …

This paper studies coalition formation and payoff division in apex games under the following assumptions: first, payoff … division can only be agreed upon after the coalition has formed (two-stage bargaining); second, negotiations in the coalition … can break down, in which case a new coalition may be formed (reversible coalitions).In contrast with the results of other …

converges towards discriminatory balances, which are unstable. b) Which discriminating coalition will form can be decided by … of the cross-coalition type, the sensitivity of the negotiations process to imperfections of the negotiations process and …-coalitions among redistribution systems. The theory of redistribution systems can also be used in the analysis of memes and meme …

-operating company would establish a coalition with the ship-operating company; that is, vertical cooperation. This cooperation would … generate better payoffs in the form of profit, not only to the members of this coalition, but also to the player that has not … joined the coalition. However, user surplus is negative in all coalitions, which shows that the establishment of these kinds …