Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10001753169
Persistent link: https://www.econbiz.de/10001694778
We study the group stability of collective decision making when society is organized according to a non directed graph, and groups' payoff possibilities are given by a partition function. We focus on the stability properties of hierarchical organizations, formally described by minimally...
Persistent link: https://www.econbiz.de/10011589731
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011597403
We study the group stability of collective decision making when society is organized according to a non directed graph, and groups’ payoff possibilities are given by a partition function. We focus on the stability properties of hierarchical organizations, formally described by minimally...
Persistent link: https://www.econbiz.de/10005570303
We study the group stability of collective decision making when society is organized according to a non directed graph, and groups' payoff possibilities are given by a partition function. We focus on the stability properties of hierarchical organizations, formally described by minimally...
Persistent link: https://www.econbiz.de/10011325041
We study a simple contracting game with a principal and two agents. Contracts exert an externalities on non contractors. The principal can either contract both agents in a centralized manner, or delegate one agent to contract the other. We show that the choice of the principal depends on the...
Persistent link: https://www.econbiz.de/10005057162
We consider a class of symmetric games with externalities across coalitions and show that, under certain regularity conditions, restricting the deviating power to majority guarantees the existence of core-stable allocations. We also show that if majorities can extract resources from minorities,...
Persistent link: https://www.econbiz.de/10010595363
In this note we study the centralization vs. decentralization issue for the management of a given collective activity. The aim is to characterize a class of decision rules that guarantees the stability of global cooperation (i.e centralization) against the incentive of coalitions of citizens to...
Persistent link: https://www.econbiz.de/10010836007
Persistent link: https://www.econbiz.de/10001565125