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I apply three noncooperative models of coalition formation to a Cournot olygopoly. In each model, each firm has to … choose the coalition it wants to belong to. But each of those models is characterised by a different assumption that defines … what happens to a coalition from which one or more players depart (which we shall refer to as "depleted coalition"). …
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In this work, a new axiomatization of the Shapley value is presented. An associated game is constructed which can also be interpreted as a perturbation of the original game. We define a sequence of games, when the term of order n, in this sequence, is the associated game of the term of order (n-1).
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In the context of capital accumulation games this paper proposes two concepts that describe the interactions between agents and give a counterpart, in a symmetric infinite horizon framework, of the well known Fudenberg and Tirole's Taxinomy concerning investment strategies in two-stage games.
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This paper presents two new axiomatizations of the Owen value for games with coalition structures. Other …
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