Freyland, Felix; Schwalbe, Ulrich - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 2000
This paper presents a dynamic model of endogenous coalition formation in cooperative games with transferable utility. The players are boundedly rational. At each time step, a player decides which of the existing coalitions to join, and demands a payoff. These decisions are determined by a...