New Approaches in Coalition Stability
Marta Biancardi () and
Francesco Ciardiello ()
Quaderni DSEMS from Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia
Abstract:
In this paper we propose the state of art in the theory of coalitional games in effectiveness form without bargaining between coalitions. We study some solution concepts: The largest consistent set (Chwe, 1994); the largest cautious consistent set (Mauleon et al., 2004); the credible consistent set (Bhattacharya, 2002); standard stable behaviors (Xue, 1998). A series of examples, showing main features and differences between these solutions, are presented in order to outline some drawbacks and positive aspects in the philosophical framework of stability concepts.
Keywords: coalitonal games; stable sets; farsightedness. (search for similar items in EconPapers)
JEL-codes: C62 C71 (search for similar items in EconPapers)
Date: 2009-07
New Economics Papers: this item is included in nep-gth
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Persistent link: https://EconPapers.repec.org/RePEc:ufg:qdsems:11-2009
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