We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability … conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the … concepts of refraction and exchanging, we set up conditions of existence and enlargement of a coalition with heterogeneous …

, then a non-winning coalition forms as an intermediate bargaining step and the final winning coalition is not necessarily …

This paper studies the problem of endogenous coalition formation in contests: how players organize themselves in groups … settings. Efficiency gains are said to be generated if any coalition experiences increasing marginal returns with aggregate … a sequential coalition formation game for an arbitrary number of symmetric players and exogenous effort. If coalitions …

This paper studies the problem of endogenous coalition formation in contests: how players organize themselves in groups … settings. Efficiency gains are said to be generated if any coalition experiences increasing marginal returns with aggregate … a sequential coalition formation game for an arbitrary number of symmetric players and exogenous effort. If coalitions …