Sequential coalition formation and the core in the presence of externalities
被引:16
作者:
Koczy, Laszlo A.
论文数: 0引用数: 0
h-index: 0
机构:
Tech Univ Budapest, Keleti Fac Econ, H-1084 Budapest, Hungary
Maastricht Univ, Dept Econ, NL-6200 MD Maastricht, NetherlandsTech Univ Budapest, Keleti Fac Econ, H-1084 Budapest, Hungary
Koczy, Laszlo A.
[1
,2
]
机构:
[1] Tech Univ Budapest, Keleti Fac Econ, H-1084 Budapest, Hungary
Core;
Externalities;
Sequential coalition formation;
Order-independent equilibria;
FUNCTION FORM GAMES;
RECURSIVE CORE;
D O I:
10.1016/j.geb.2008.04.002
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
The sequential coalition formation model of Bloch to solve cooperative games with externalities exhibits some anomalies when related to classical concepts [Bloch, F., 1996. Sequential formation of coalitions in games with externalities and fixed payoff division. Games Econ. Behav. 14, 90-123]. We elaborate on these problems, define a modification of Bloch's model and show that its order-independent equilibria coincide with the (pessimistic) recursive core [Koczy, L.A., 2007. A recursive core for partition function form games. Theory Dec. 63, 41-51]. (c) 2008 Elsevier Inc. All rights reserved.
引用
收藏
页码:559 / 565
页数:7
相关论文
共 11 条
[11]
Shenoy P. P., 1979, International Journal of Game Theory, V8, P133, DOI 10.1007/BF01770064