Results 101 to 110 of about 1,223 (172)

On the Non-Cooperative Foundations of Cooperative Bargaining [PDF]

open access: yes, 1992
In this note we challenge the non-cooperative foundations of cooperative bargaining solutions on the grounds that the limit operation for approaching a frictionless world is not robusto We show that when discounting almost ceases to play a role, any ...
Chorchon, Luis   +3 more
core  

Pareto Improvement and Agenda Control of Sequential Financial Innovations [PDF]

open access: yes
In an exchange economy under uncertainty with two periods, one physical good, and finitely many states of the world, we show that for every (complete or incomplete) market span there exists a sequence of securities such that if they are introduced into ...
Chiaki Hara
core  

Perfect Regular Equilibrium [PDF]

open access: yes, 2010
We propose a revised version of the perfect Bayesian equilibrium in general multi-period games with observed actions. In finite games, perfect Bayesian equilibria are weakly consistent and subgame perfect Nash equilibria.
hanjoon michael, jung/j
core  

Procedurally Fair Taxation

open access: yes
We study the implications of procedural fairness on income taxation. We formulateprocedural fairness as a particular non-cooperative bargaining game and examine thestationary subgame perfect equilibria of the game.
Herings P. Jean-Jacques   +1 more
core  

The Simple Geometry of Perfect Information Games [PDF]

open access: yes
Perfect information games have a particularly simple structure of equilibria in the associated normal form. For generic such games each of the finitely many connected components of Nash equilibria is contractible. For every perfect information game there
Demichelis, Stefano   +2 more
core  

Emergence of specialized third-party enforcement. [PDF]

open access: yesProc Natl Acad Sci U S A, 2023
Mohlin E, Rigos A, Weidenholzer S.
europepmc   +1 more source

Noncooperative Oligopoly in Markets with a Continuum of Traders [PDF]

open access: yes
In this paper, we study three prototypical models of noncooperative oligopoly in markets with a continuum of traders : the model of Cournot-Walras equilibrium of Codognato and Gabszewicz (1991), the model of Cournot-Nash equilibrium of Lloyd S.
Busetto, Francesca   +2 more
core  

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