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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
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
that the efficient coalition structure is stable in terms of the coalition formation theory. The problem of coalition … that a certain equilibrium of this game corresponds to the gamma-core assumption that when a coalition forms the remaining … players form singletons, and that the grand coalition is an equilibrium coalition structure …
Persistent link: https://www.econbiz.de/10014074595
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
frequency of the grand coalition formation, the higher efficiency, and the allocation belonging to the bargaining set is …
Persistent link: https://www.econbiz.de/10014451922
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/10013019277
externalities. In this family, games differ by the size of maximum coalition, partitions and by coalition structure formation rules … suggested finite game includes a family of nested simultaneous non-cooperative finite games with intra- and inter-coalition … game in the family has an equilibrium in mixed strategies with possibly more than one coalition. The results of the game …
Persistent link: https://www.econbiz.de/10012957415
The paper studies when efficient allocations are implementable via coalition-proof mechanisms. When ambiguous … implementable via interim coalition incentive compatible mechanisms if and only if the prior distribution of agents’ types satisfies … the Coalition Beliefs Determine Preferences (CBDP) property. When the CBDP property holds, these mechanisms can be …
Persistent link: https://www.econbiz.de/10013242607
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....
Persistent link: https://www.econbiz.de/10011279698
The main objects here are Nash equilibria in spatial Cournot oligopolies when profits depend on coordinated distribution. Production is non-cooperative, but the subsequent transportation must be performed jointly to minimize costs. Cournot-Nash equilibria for this two-stage game with partial...
Persistent link: https://www.econbiz.de/10013155252