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and consumption. We study the game of balancing group formation and show that the game contains widespread externalities …
Persistent link: https://www.econbiz.de/10010494487
We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural …
Persistent link: https://www.econbiz.de/10010191642
"externalities", the description of which requires partition function form (PFF) games. In this paper we propose a method to compute …
Persistent link: https://www.econbiz.de/10012016390
continue to negotiate as long as there are gains from trade, and coalitions may create positive or negative externalities. The …
Persistent link: https://www.econbiz.de/10014035050
In the absence of externalities, marginality is equivalent to an independence property that rests on Harsanyi … and independence for games with externalities. We measure a player‘s contribution in an embedded coalition by the change …. The introduced method also allows us to investigate egalitarian solutions and to reveal how accounting for externalities …
Persistent link: https://www.econbiz.de/10012010357
This paper studies an extensive form game of coalition formation with random proposers in games with externalities. It … the absence of externalities, and symmetric players are not necessarily treated symmetrically in equilibrium. If the grand …
Persistent link: https://www.econbiz.de/10012650908
Persistent link: https://www.econbiz.de/10011309682
We consider a (pure) public goods provision problem with voluntary participation in a quasi-linear economy. We propose a new hybrid solution concept, the free-riding-proof core (FRP-Core), which endogenously determines a contribution group, public goods provision level, and how to share the...
Persistent link: https://www.econbiz.de/10011694996
of the marginal contributions for environments with externalities. The dummy property related to it is defined. We adapt …
Persistent link: https://www.econbiz.de/10010317092
We model cooperative games when externality affects the payoffs of coalitions. The coalitional games among countries committing to pollution reduction can be easily embedded into such a framework. We evaluate the individual welfare for countries joining the International Environmental Agreements...
Persistent link: https://www.econbiz.de/10014177511