Showing 1 - 10 of 87
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/10011265463
A set of coalition structures <em>P</em> is farsightedly stable (i) if all possible deviations from any coalition structure p belonging to <em>P</em> to a coalition structure outside <em>P</em> are deterred by the threat of ending worse off or equally well off, (ii) if there exists a farsighted improvingpath from any...
Persistent link: https://www.econbiz.de/10008682977
behavior, extending the theory of IEAs to a broader class of preferences is clearly promising. The present paper shows that …
Persistent link: https://www.econbiz.de/10008682980
We study the recursive core introduced in Huang and Sjöström [8]. In general partition function form games, the recursive core coalition structure may be either coarser or finer than the one that maximizes the social surplus. Moreover, the recursive core structure is typically different from...
Persistent link: https://www.econbiz.de/10008682984
We investigate the computational complexity of several decision problems in hedonic coalition formation games and demonstrate that attaining stability in such games remains NP-hard even when they are additive. Precisely, we prove that when either core stability or strict core stability is under...
Persistent link: https://www.econbiz.de/10003951586
We investigate the computational complexity of several decision problems in hedonic coalition formation games and demonstrate that attaining stability in such games remains NP-hard even when they are additive. Precisely, we prove that when either core stability or strict core stability is under...
Persistent link: https://www.econbiz.de/10010427536
Almost all international environmental agreements include a minimum participation rule. Under such a rule an agreement becomes legally binding if and only if a certain threshold in terms of membership or contribution is reached. We analyze a cartel game with open membership and heterogeneous...
Persistent link: https://www.econbiz.de/10010330092
This paper surveys the recent literature on the political economy of the formation of international environmental agreements. The survey covers theoretical modelling approaches and empirical studies including experimental work. Central to our survey is the question how the political process...
Persistent link: https://www.econbiz.de/10010331077
This paper considers the endogenous formation of an institution to provide a public good. If the institution governs only its members, players have an incentive to free ride on the institution formation of others and the social dilemma is simply shifted to a higher level. Addressing this...
Persistent link: https://www.econbiz.de/10010280850
We apply farsighted stable set to two versions of Hotelling's location games: one with linear market and another with circular market. It is shown that there always exists a farsighted stable set in both games. In particular, the set of all location profiles that yields equal payoff across all...
Persistent link: https://www.econbiz.de/10010282833