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. However, coordination on a rule leaves arbitrators as a group vulnerable to manipulation by coalitions of employers or … of wage settlements negotiated without arbitration using a panel of contracts between teachers and school boards in the … employees that understand the rule. Because successful manipulation of arbitrators undermines the credibility of the institution …
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requirement that no group of students gains from a simple manipulation of their preferences. Replacing group strategy …
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This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … decisions of network and power plants need to be coordinated. In unbundled markets, firm-internal coordination no longer applies …. We develop a formal approach to examine whether sim- ple information exchange ("cheap talk") could restore coordination …
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