We adopt the largest consistent set defined by Chwe [J. of Econ. Theory 63 (1994), 299-235] to predict which coalition …, based on the assumption that players are cautious. For games with positive spillovers, many coalition structures may belong … to the largest consistent set. The grand coalition, which is the efficient coalition structure, always belongs to the …

backward induction procedure to pinpoint the latest moment at which a coalition can be found with both an incentive and the … this way will be agreed upon at the outset - or, if a suitable coalition is never found, that no agreement will be reached. …

This paper reinterprets the ? -core (Chander and Tulkens (1995, 1997)) and justifies it as well as its prediction that … the efficient coalition structure is stable in terms of the coalition formation theory. It is assumed that coalitions can … coalitions) and a coalition may deviate if and only if it stands to gain from it. It is then shown that subsequent to a deviation …

schemes in order to influence the government's choice on the level of provision of public goods. Using perfectly coalition … 'intuitive' hybrid solution concept, the free-riding-proof core, which is always nonempty but does not necessarily achieve global …

) core is empty if and only if the maximum of generated payoffs (mgp) is greater than the grand coalition's payoff v(N), or …This paper first establishes a new core theorem using the concept of generated payoffs: the TU (transferable utility …

would like to learn from. In this setup, we examine how the existence of core stable partitions on the distinct market sides … respect common rankings shape the existence of core stable coalitional matchings. …

the clan by a 'dualize and extend' procedure. These procedures are also useful for relating core elements and elements of …

We consider the class of proper monotonic simple games and study coalition formation when an exogenous weight vector … players' preferences over coalitions in a hedonic game. We formalize the notion of semistrict core stability, which is … stronger than the standard core concept but weaker than the strict core notion and derive two characterization results for the …