The Veto Mechanism Revisited
It is difficult to argue that coalition formation is costless and freely. Thus, in this paper, only a subset of the set of all possible coalitions in an economy or a game, is considered to be really formed. The consequences that such restriction has on the veto mechanism are analyzed. The restricted...
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| Format: | workingPaper |
| Language: | eng |
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2019
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| Online Access: | http://hdl.handle.net/10362/89007 |
| Country: | Portugal |
| Oai: | oai:run.unl.pt:10362/89007 |