Search results for "Bargaining process"
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Spatial Allocation of European Structural Funds: What Is the Role of Strategic Interactions?
2020
This chapter explores the role of strategic interactions that affect the spatial allocation of structural funds in the European Union. More specifically, this chapter seeks to test if the interactions between government decisions are strategic substitutes or complements in the context of the European structural funds allocation. First, we present a theoretical model which depicts how the strategic interactions could affect the allocation of public grants in a bargaining process. Then, we test the direction of strategic interaction on the allocation of structural funds for the 2000–2006 programming period using spatial econometric techniques. We find a negative spatial interaction between Eu…
Dynamic Coalitional TU Games: Distributed Bargaining among Players' Neighbors
2013
We consider a sequence of transferable utility (TU) games where, at each time, the characteristic function is a random vector with realizations restricted to some set of values. The game differs from other ones in the literature on dynamic, stochastic or interval valued TU games as it combines dynamics of the game with an allocation protocol for the players that dynamically interact with each other. The protocol is an iterative and decentralized algorithm that offers a paradigmatic mathematical description of negotiation and bargaining processes. The first part of the paper contributes to the definition of a robust (coalitional) TU game and the development of a distributed bargaining protoc…