A General Coalition Structure: Some Equivalence Results

Giovanna Bimonte

MPRA Paper from University Library of Munich, Germany

Abstract: It is well known that in a differential information economy the free coalition formation may imply some theoretical difficulties. It does not suffice to say that a coalition can be formed by several agents. We define a set of all possible coalitions as the set of those coalitions that can be formed and joint by any agent. There exists, in this way, a rule imposed over coalition formation. We assume that only a subset $\mathcal{S}$ of $\Sigma$ is alowed to form. In such way, we fix over the set of agents an aggregation rule for which the coalitions can be formed only if they belong to this subset. We have restricted the set of coalitions that can be joined by traders. The main result is the equivalence between two private core concept: the classical one for a differential information economy and the private core restricted.

Keywords: Differential information economy; restriction on coalition formation; private core. (search for similar items in EconPapers)
JEL-codes: D11 D51 D82 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-cdm, nep-gth and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/46283/1/MPRA_paper_46283.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:46283

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().