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Social environments constitute a framework in which it is possible to study how groups of agents interact in a society.The framework is general enough to analyse both non-cooperative and cooperative games.We identify a number of shortcomings of existing solution concepts that are used for social...
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The authors develop a two-stage negotiation model to study the impact of costly inspections on both the coalition formation outcome and the per-member payoffs.
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type="main" <title type="main">ABSTRACT</title> <p>We consider a model of wage determination with private information in an oligopoly. We investigate the effects of unions having relative concerns on the negotiated wage and the strike activity. We show that an increase of unions’ relative concerns has an ambiguous effect...</p>
Persistent link: https://www.econbiz.de/10011036280
We develop a theoretical framework that allows us to study which bilateral links and coalition structures are going to emerge at equilibrium. We define the notion of coalitional network to represent a network and a coalition structure, where the network speciÖes the nature of the relationship...
Persistent link: https://www.econbiz.de/10011025900
We develop a theoretical framework that allows us to study which bilateral links and coalition structures are going to emerge at equilibrium. We define the notion of coalitional network to represent a network and a coalition structure, where the network speciÖes the nature of the relationship...
Persistent link: https://www.econbiz.de/10010549156
We develop a theoretical framework that allows us to study which bilateral links and coalition structures are going to emerge at equilibrium. We define the notion of coalitional network to represent a network and a coalition structure, where the network speciÖes the nature of the relationship...
Persistent link: https://www.econbiz.de/10009321703
Persistent link: https://www.econbiz.de/10005499868
We revisit n-player coordination games with Pareto-ranked Nash equilibria. As a novelty, we introduce fuzzy play and a matching device. By fuzzy play we mean that each player does not choose which pure strategy to play, but instead chooses a nonempty subset of his strategy set that he submits to...
Persistent link: https://www.econbiz.de/10005371492