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In Hart and Kurz (1983), stability and formation of coalition structures has been investigated in a noncooperative framework in which the strategy of each player is the coalition he wishes to join. However, given a strategy profile, the coalition structure formed is not unequivocally determined....
Persistent link: https://www.econbiz.de/10005668413
The performance to a collective task may require a certain degree of cooperation among agents. Is cooperation viable in the sense that individual needs are fulfilled, compromises are possible and the task is performed? A model of cooperation is presented in which compromises are also ruled by...
Persistent link: https://www.econbiz.de/10009205524