| D. Ray and R. Vohra, Equilibrium Binding Agreements," Brown University Working Paper No. 92#8, 1992. |
....before the draws are made. Less relevant approaches would allow interaction between two players at a time only or allow only self enforcing strategies (too slow too fast communication) Players who enforce the move are called perpetrators, while the rest are the residuals (after Ray and Vohra [10]) As the definition of the residual coalition is often arbitrary, we use the term informally. We assume that the perpetrators set is always minimal, meaning that if the set of coalitions of size k is not smaller in partition than in # and the two are separated by one move, all players in a ....
Debraj Ray and Rajiv Vohra. Equilibrium binding agreements. Journal of Economic Theory, 73:30--78, 1997.
....these different roles by fair draws, and hence they choose this strategy if not disregarding others strategies the expected worth of this lottery dominates other strategies. At each move players who enforce the move are called perpetrators, while the rest are the residuals (after Ray and Vohra [13]) As, in the definition of Ry and Vohra, the definition of the residual coalition is often arbitrary, we use the term less formally. We assume that the perpetrators set is always minimal. As a corollary if the set of coalitions of size k is not smaller in partition T than in T then the two ....
Debraj Ray and Rajiv Vohra, Equilibrium binding agreements, Journal of Economic Theory 73 (1997), 30-78.
....these di#erent roles by fair draws, and hence they choose this strategy if not disregarding others strategies the expected worth of this lottery dominates other strategies. At each move players who enforce the move are called perpetrators, while the rest are the residuals (after Ray and Vohra [13]) As, in the definition of Ray and Vohra, the definition of the residual coalition is often arbitrary, we use the term less formally. We assume that the perpetrators set is always minimal. As a corollary if the set of coalitions of size k is not smaller in partition than in # then the two ....
Debraj Ray and Rajiv Vohra, Equilibrium binding agreements, Journal of Economic Theory 73 (1997), 30--78.
....new positions. The couple # = N, V ) is said to be an n person game. Although, Yi in [69] argues di#erently, claiming that it is in the interest of member countries to reduce external tari#s, too. In Yi s work references are only made to some inaccessible unpublished manuscripts, such as [47], including some of his joint works with Shin, 70] so for simplicity, we attribute these results to him. Note, that agreement does not imply that all the players are better o#. Proposition 4. Strategy vectors are in one to one correspondence with coalition structures. Proof. For any ....
D. Ray and R. Vohra, Equilibrium binding agreements, Brown University, 1994.
....bargaining but also the compliance with the agreement. Up to now the compliance issue has been neglected in coalitional bargaining and its applications to economic situations such as environmental agreements, cartel formation or public goods 5 There are no relationships between Ray and Vohra s [19] equilibrium binding agreements (EBA) concept and the LCS or the LCCS. Also, EBA do not support the e cient coalition structure while the LCS does in most examples under costless inspection. 23 coalitions. To study the impact of the compliance issue on both the coalition formation outcome and ....
Ray, D. and R. Vohra, 1997, "Equilibrium Binding Agreements," Journal of Economic Theory 73, 30-78.
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D. Ray and R. Vohra, Equilibrium Binding Agreements," Brown University Working Paper No. 92#8, 1992.
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Ray, D. and R. Vohra (1997), "Equilibrium Binding Agreements," Journal of Economic Theory 73, 30--78.
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Ray, D. and R. Vohra, Equilibrium binding agreements, Journal of Economic Theory 73 (1997), 30--78.
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Ray D. and R. Vohra, 1997. Equilibrium Binding Agreements. Journal of Economic Theory: 73, 30-78.
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D. Ray and R. Vohra, Equilibrium binding agreements, Journal of Economic Theory, 73 (1997), pp. 30--78.
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RAY, D. AND VOHRA, R. (1997). "Equilibrium Binding Agreements." Journal of Economic Theory 73, 30-78.
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D. Ray and R. Vohra (1997), Equilibrium binding agreements, Journal of Economic Theory, 73, 30-78. 39
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Ray, D. and R. Vohra, 1997, "Equilibrium Binding Agreements," Journal of Economic Theory 73, 30-78.
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Ray, D., Vohra, R. (1997), "Equilibrium Binding Agreements", Journal of Economic Theory 73: 30-78.
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