distribution of coalitional gains and the dynamics of coalition formation are characterized in four illustrative applications. …

In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …

We develop a theoretical framework that allows us to study which bilateral links and coalition structures are going to … emerge at equilibrium. We define the notion of coalitional network to represent a network and a coalition structure, where … the network specifies the nature of the relationship each individual has with his coalition members and with individuals …

coalition, (i) market pruning dominates product proliferation and (ii) partial cartelisation always arises in equilibrium, with …

This paper establishes sufficient conditions for the existence of a stable coalition structure in the coalition … unanimity game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our … conditions are defined on the strategic form game used to derive the payoffs the game of coalition formation. We show that if no …

of an international climate agreement. Although there are strong free-rider incentives, we find a stable grand coalition …