Stable governments and the semistrict core

Dinko Dimitrov () and Claus-Jochen Haake ()

Games and Economic Behavior, 2008, vol. 62, issue 2, pages 460-475

Abstract: We consider the class of proper monotonic simple games and study coalition formation when an exogenous weight vector and a solution concept are combined to guide the distribution of power within winning coalitions. These distributions induce players' preferences over coalitions in a hedonic game. We formalize the notion of semistrict core stability, which is stronger than the standard core concept but weaker than the strict core notion and derive two characterization results for the semistrict core, depending on conditions we impose on the solution concept. A bounded power condition, which connects exogenous weights and the solution, turns out to be crucial. It generalizes a condition termed "absence of the paradox of smaller coalitions" that was previously used to derive core existence results.

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6WFW ... 530b146b660cf899f18f
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this article

Games and Economic Behavior is edited by E. Kalai

More articles in Games and Economic Behavior from Elsevier
Series data maintained by Heidi Boesdal ().