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政大機構典藏 > 商學院 > 國際經營與貿易學系 > 期刊論文 > Item 140.119/133825

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题名:	Sequential formation of alliances in survival contests
作者:	潘振宇 Pan, Chen-Yu Konishi, Hideo
贡献者:	國貿系
关键词:	coalition formation;contest;indivisible award;rent‐seeking
日期:	2020-03
上传时间:	2021-01-28
摘要:	We consider a sequential formation of alliances ‡ la Bloch (1996) and Okada (1996) followed by a two-stage contest in which alliances Örst compete with each other, and then the members in the winning alliance compete again for an indivisible prize. In contrast to Konishi and Pan (2019) which adopted an open-membership game as the alliance formation process, alliances are allowed to limit their memberships (excludable alliances). We show that if membersí e§orts are strongly complementary to each other, there will be exactly two asymmetric alliancesó the larger alliance is formed Örst and then the rest of the players form the smaller one. This result contrasts with the one under open membership, where moderate complementarity is necessary to support a two-alliance structure. It is also in stark contrast with Bloch et al. (2006), where they show that a grand coalition is formed in the same game if the prize is divisible and a binding contract is possible to avoid further conáicts after an alliance wins the prize.
關聯:	International Journal of Economic Theory, 16:1, 95–105
数据类型:	article
DOI 連結:	https://doi.org/10.1111/ijet.12246
DOI:	10.1111/ijet.12246
显示于类别:	[國際經營與貿易學系 ] 期刊論文

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