Bargaining sets with small coalitions

Bargaining sets with small coalitions

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Article ID: iaor19942334
Country: Germany
Volume: 23
Start Page Number: 49
End Page Number: 55
Publication Date: Sep 1994
Journal: International Journal of Game Theory
Authors: ,
Abstract:

The authors study two alternative definitions of the bargaining set in large (atomless) economies; the local bargaining by MasColell and the global bargaining set by Vind. They alter these definitions to limit the size of the permitted size of the involved coalitions. It turns out that the local bargaining set becomes very large, whereas the global bargaining set is unaltered.

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