In this paper we consider a special class of n-person potential games and investigate partial cooperation between a portion of the players that sign a cooperative agreement. Existence results of partial cooperative equilibria are obtained and some possible applications are discussed,...

Strategic behaviors of players depend crucially on the coalition structures of a game. A recursive sequence identifying the number of embedded coalitions in a n-player game is derived. The paper also derives a recursive sequence identifying the number of embedded coalitions in a n-player game...

The paper presents a framework in which the most important single-valued solutions in the literature of TU games are jointly analyzed. None of the main results is original.

The impossibility of speculative trade result (Milgrom and Stokey, 1982) provokes the questions why traders care about their private information, if they cannot profit from it and how the aggregate information can then be reflected in REE prices. This paper answers these questions by analyzing a...

The problem of comparing TU-cooperative game values is introduced and analyzed. The proposed method is based on multicriteria methodology and the ASPID (Analysis and Synthesis of Parameters under Information Deficiency) technique (Hovanov and Kolary (1998)). The Shapley value and the nucleolus...

This paper develops a trade model for a technologically leading country and a developing country that exploits a renewable natural resource. Technology diffuses from the technological leader to the developing country through foreign direct investment (FDI). Alternatively, innovative activities...

We consider a repeated regulation model in an oligopoly under asymmetric information with pollution. An iterative procedure is proposed where the regulator designs stationary taxes, and firms are not required to be perfectly rational. They can form and update simple beliefs about their...

We first present the concept of duality appearing in order theory, i.e. the notions of dual isomorphism and of Galois connection. Then, we describe two fundamental dualities, the duality extension/intention associated with a binary relation between two sets, and the duality between implicational...

This paper deals with the non-emptiness of the stability set for any proper voting game. We present an upper bound on the number of alternatives which guarantees the non emptiness of this solution concept. We show that this bound is greater than or equal to the one given by Le Breton and Salles...