This paper studies coalition formation among individuals who differ in productivity. The output of a coalition is … determined by the sum of productivities if the coalition exceeds a minimal threshold of members. We consider competitive … societies in which the surplus of a coalition is split according to productivity and egalitarian societies in which coalitions …

sharing scheme is particularly powerful for economic problems that are characterized by positive externalities from coalition …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 …

This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn … among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also … discussion of efficient network and coalition formation procedures and directions for future research. …

How agents assess the (in-)tangible externalities that others might impose on them can strongly influence strategic … externalities, are all subject to asymmetric information; utility is quasi-linear and transferable. An allocation rule will be …-balanced transfers if and only if it maximizes the sum of private payoffs exclusive of externalities. The corresponding mechanism is …

We put forward a model of private goods with externalities. Agents derive benefit from communicating with each other …

We examine behavior in one-shot appropriation games with deterministic and probabilistic degradation externalities …

outcome, a weighted, directed network describing marginal externalities is defined. We show that Pareto efficient outcomes are …

publication to demonstrate that Coase's emphasis on the reciprocal nature of externalities, the importance of transaction costs …