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We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural …
Persistent link: https://www.econbiz.de/10010191642
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however … chosen with equal probability. If that is the case, she can choose any coalition she belongs to. However, a coalition can …
Persistent link: https://www.econbiz.de/10011296159
. In particular, it is equivalent to the set of perfectly coalition-proof Nash equilibria (Bernheim, Peleg, and Whinston …
Persistent link: https://www.econbiz.de/10011694996
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In the Nash Demand Game each of two players announces the share he demands of an amount of money that may be split between them. If the demands can be satisfied, they are; otherwise, neither player receives any money. This game has many pure-strategy Nash equilibria. This note characterizes...
Persistent link: https://www.econbiz.de/10014062730
This paper analyses a model of legislative bargaining in which parties form tentative coalitions (protocoalitions) before deciding on the allocation of a resource. Protocoalitions may fail to reach an agreement, in which case they may be dissolved (breakdown) and a new protocoalition may form....
Persistent link: https://www.econbiz.de/10011316670
I introduce an undominated coalition-proof Nash equilibrium that is unique and is able to select undominated Nash … equilibria in a quasi-supermodular game with a strict single-crossing property and monotonic externalities …
Persistent link: https://www.econbiz.de/10012890701
We examine the welfare properties, coalition-proofness and order-theoretical structure of the set of Nash equilibria in … pure strategy games with a-aggregative simple strategic substitutes and monotone a-aggregative externalities. For these … games, we prove the equivalence among the set of Nash equilibria, the set of coalition-proof Nash equilibria under strong …
Persistent link: https://www.econbiz.de/10014170844
bidding stage on the resulting outcomes such as the frequency of grand coalition formation, efficiency, and the distance … the grand coalition. This difference is because those proposers who won the bidding stage in PC-W tend to offer an …
Persistent link: https://www.econbiz.de/10013252972