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We identify the core as an appealing stability concept of cooperative game theory, but argue that the non …
Persistent link: https://www.econbiz.de/10011325065
We propose a class of sharing schemes for the distribution of the gains from cooperation for coalition games with externalities. In the context of the partition function, it is shown that any member of this class of sharing schemes leads to the same set of stable coalitions in the sense of...
Persistent link: https://www.econbiz.de/10010312413