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This paper analyzes simple models of editorial control. Starting from the framework developed by Krishna and Morgan (2001), we analyze two sender models of cheap talk where one…
An evolutionary style model of recontracting is given which guarantees convergence to core allocations of an underlying cooperative game. Unlike its predecessors in the evolution/learning literature, this is…
This paper takes the idea of coalitional behavior – groups of people occasionally acting together to their mutual benefit – and incorporates it into the framework of evolutionary…