The Core of a Partition Function Game
László Kóczy ()
Working Papers Department of Economics from KU Leuven, Faculty of Economics and Business, Department of Economics
We consider partition function games and introduce new definitions of the core that include the effects of externalities. We assume that all players behave rationally and that all stable outcomes arising are consistent with the appropriate generalised concept of the core. The result is a recursive definition of the core where residual subgames are considered as games with fewer players and with a partition function that captures the externalities of the deviating coalition. Some properties of the new concepts are discussed.
Keywords: new economy; internet; firm performance; e-procurement; e-business Classification-JEL: D0; L0; O3; M0 Creation-Date: 2000-03 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
https://lirias.kuleuven.be/bitstream/123456789/500 ... usinessinlargefirms.
Working Paper: The Core of a Partition Function Game (2001)
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:ete:ceswps:ces0025
Access Statistics for this paper
More papers in Working Papers Department of Economics from KU Leuven, Faculty of Economics and Business, Department of Economics
Series data maintained by library EBIB ().