Measuring the Extent of Coalition Formation in Group Decision Making
Fred J. Ruppel and
P. Lynn Kennedy
American Journal of Agricultural Economics, 1997, vol. 79, issue 4, 1288-1299
Abstract:
Many group decisions begin with small coalitions that recruit additional members until they satisfy a voting rule. This paper introduces a technique for measuring coalition formation in group decision making. The setting involves N players bargaining over the share distribution of an asset. The N-person game is analyzed as a set of triads, numerically equal to {N!/(N — 3)!}/3!. A three-person game is presented to establish the context and to offer insights into the bargaining process. A four-person game is also presented. The technique finds immediate application in controlled laboratory experiments but has further relevance for numerous real-world contexts. Copyright 1997, Oxford University Press.
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:79:y:1997:i:4:p:1288-1299
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