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characterize the core as a function of the utility's parameter values and show that in all cases the corresponding cores are non …-empty. We further discuss the core stable outcomes in terms of their segregating versus integrating properties. -- Coalitions … ; Core ; Stability ; Status-seeking …
Persistent link: https://www.econbiz.de/10008737786
We provide a new proof of the non-emptiness of approximate cores of games with many players of a finite number of types. Earlier papers in the literature proceed by showing that, for games with many players, equal-treatment cores of their "balanced cover games", which are non-empty, can be...
Persistent link: https://www.econbiz.de/10010472889
This chapter surveys a sizable and growing literature on coalition formation. We refer to theories in which one or more … payoffs at each date according to the coalition structure prevailing at the time. We use this model to nest two broad … approaches to coalition formation, one based on cooperative game theory, the other based on noncooperative bargaining. Three …
Persistent link: https://www.econbiz.de/10014025454
characterize the core as a function of the utility's parameter values and show that in all cases the corresponding cores are non …-empty. We further discuss the core stable outcomes in terms of their segregating versus integrating properties …
Persistent link: https://www.econbiz.de/10014189207
coalition forms without delay in equilibrium, expected payoffs must be in the core of the characteristic function game that …This paper studies an extensive form game of coalition formation with random proposers in games with externalities. It … strong condition, the equilibrium coalition structure is not necessarily efficient. There may be multiple equilibria even in …
Persistent link: https://www.econbiz.de/10012650908
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 …
Persistent link: https://www.econbiz.de/10012724152
We show that the characterization result of the weak core correspondence in simple games in Takamiya et al. (2018 …
Persistent link: https://www.econbiz.de/10012913496
Pairing Games or Markets studied here are the non-two-sided NTU generalization of assignment games. We show that the Equilibrium Set is nonempty, that it is the set of stable allocations or the set of semistable allocations, and that it has several notable structural properties. We also...
Persistent link: https://www.econbiz.de/10010350435
sovereignty, meaning that a deviating coalition of players does not have the power to arrange the matches of agents outside the … coalition. We study both the case of pairwise and coalitional deviations. We argue further that dominance has to be replaced by … matchings that belong to the core. We also show that the pairwise and coalitional analogues of the level-1 farsighted set yield …
Persistent link: https://www.econbiz.de/10012989559
existing 2-player coalitions, a new 2-player coalition in which they are mutually better off. A solution is stable if it has no … stable solutions of a multiple partners matching game in two different ways and perform a study on the core of the … the existence of a stable solution and the non-emptiness of the core, which holds in the other models with payments, is no …
Persistent link: https://www.econbiz.de/10011345044