Coalition formation in games without side payments
Francesca Centrone and
Mathematical Social Sciences, 2008, vol. 56, issue 3, 314-320
We study the endogenous formation of coalitions for games without side payments by embodying a notion of stability à la Hart and Kurz [Hart, S., Kurz, M., 1983. Endogenous formation of coalitions. Econometrica 51, 1295-1313] into the classical Shapley [lambda]-transfer value. Our analysis starts by first defining a new solution concept, the [lambda]-transfer stable CS value, and then providing an existence result for the three-player case.
Keywords: Cooperative; games; Coalition; structures; Stability (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:eee:matsoc:v:56:y:2008:i:3:p:314-320
Access Statistics for this article
Mathematical Social Sciences is currently edited by J.-F. Laslier
More articles in Mathematical Social Sciences from Elsevier
Series data maintained by Dana Niculescu ().