The demand commitment bargaining and snowballing cooperation (Q1341488): Difference between revisions
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Revision as of 03:00, 5 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The demand commitment bargaining and snowballing cooperation |
scientific article |
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The demand commitment bargaining and snowballing cooperation (English)
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5 January 1995
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This paper deals with a coalition game model with sequential demands and increasing cooperation readiness (the snowball effect), where the payoff units tend to zero. The main results show that in such games the equilibrium payoff distribution tends to the Shapley value. To derive this result the concepts of strategic equilibria and subgame consistency are used. The general results are applied to the problem of public good consumption.
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sequential demands
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increasing cooperation readiness
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Shapley value
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strategic equilibria
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subgame consistency
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public good consumption
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