Predicting stable configurations of coalitions in cooperative games and exchange economies

Predicting stable configurations of coalitions in cooperative games and exchange economies

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Article ID: iaor20013512
Country: Germany
Volume: 29
Issue: 3
Start Page Number: 391
End Page Number: 412
Publication Date: Jan 2000
Journal: International Journal of Game Theory
Authors:
Abstract:

Uniform competitive solutions are stable configurations of proposals predicting coalition formation and effective payoffs. Such ‘solutions’ exist for almost all properly defined cooperative games and, therefore, can be proposed as substitute of the core. The new existence results obtained in the present paper concern also the case when the coalitional function of a game has empty values. All concepts and results are implemented in the competitive analysis of the exchange economies.

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