EconPapers    
Economics at your fingertips  
 

Cooperative games with externalities and probabilistic coalitional beliefs

Giorgos Stamatopoulos ()

MPRA Paper from University Library of Munich, Germany

Abstract: We revisit cooperative games with externalities, i.e. cooperative games where the payoff of a coalition depends on the partition of the entire set of players. We define the worth of a coalition assuming that its members have probabilistic beliefs over the coalitional behavior of the outsiders, i.e., they assign various probability distributions on the set of partitions that the outsiders can form. We apply this framework to symmetric aggregative games and derive conditions on coalitional beliefs that guarantee the non-emptiness of the core of the induced cooperative games.

Keywords: cooperative game; aggregative game; probabilistic belief; core (search for similar items in EconPapers)
JEL-codes: C7 C71 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cdm and nep-gth
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/92862/1/MPRA_paper_92862.pdf original version (application/pdf)

Related works:
Working Paper: Cooperative Games with Externalities and Probabilistic Coalitional Beliefs (2016) Downloads
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:92862

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 ().

 
Page updated 2019-07-22
Handle: RePEc:pra:mprapa:92862