Generalized coalitions and bargaining sets

Maria Graziano, Marialaura Pesce and Niccolò Urbinati

Journal of Mathematical Economics, 2020, vol. 91, issue C, 80-89

Abstract: We introduce new notions of bargaining set for mixed economies which rest on the idea of generalized coalitions (Aubin, 1979) to define objections and counter-objections. We show that the bargaining set defined through generalized coalitions coincides with competitive allocations under assumptions which are weak and natural in the mixed market literature. As a further result, we identify some additional properties that a generalized coalition must satisfy to object an allocation.

Keywords: Coalitions; Generalized coalitions; Core; Bargaining set (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Working Paper: Generalized Coalitions and Bargaining Sets (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:91:y:2020:i:c:p:80-89

DOI: 10.1016/j.jmateco.2020.08.008

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