Browsing Department of Economics (ECO) by Subject "Abilities"

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Browsing Department of Economics (ECO) by Subject "Abilities"

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    Title: Internal Hierarchy and Stable Coalition Structures  Author(s): MORELLI, Massimo; PARK, In-Uck Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: When an agent decides whether to join a coalition or not, she must consider both i) the expected strength of the coalition and ii) her position in the vertical structure within the coalition. We establish that there exists ...