Le Breton, Michel; Moreno-Ternero, Juan D.; Savvateev, … - Toulouse School of Economics (TSE) - 2012
This article studies a model of coalition formation for the joint production (and finance) of public projects, in which agents may belong to multiple coalitions. We show that, if projects are divisible, there always exists a stable (secession-proof) structure, i.e., a structure in which no...