Stationary quasi-perfect equilibrium partitions constitute the recursive core

László Á. Kóczy ()

No 28, Research Memoranda from Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization

Abstract: We present sucient conditions for the implementation of the (pessimistic) recursive core (Kóczy, 2007) in discrete partition function form games using a modified version of the sequential coalition formation game by Bloch (1996) extending the results of Kóczy (2008) and - in a slightly different setup - Huang and Sjöström (2006) to games with empty residual cores (respectively, to games that are not r-balanced).

Keywords: Economics; (Jel:; A) (search for similar items in EconPapers)
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Date: 2008
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