Predicting stable configurations of coalitions in cooperative games and exchange economies

Authors
Citation
A. Stefanescu, Predicting stable configurations of coalitions in cooperative games and exchange economies, INT J GAME, 29(3), 2000, pp. 391-412
Citations number
8
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF GAME THEORY
ISSN journal
00207276 → ACNP
Volume
29
Issue
3
Year of publication
2000
Pages
391 - 412
Database
ISI
SICI code
0020-7276(200011)29:3<391:PSCOCI>2.0.ZU;2-W
Abstract
Uniform competitive solutions are stable configurations of proposals predic ting coalition formation and effective payoffs. Such "solutions"' exist fbr almost all properly defined cooperative games and, therefore, can be propo sed as substitute of the core. The new existence results obtained in the pr esent paper concern also the case when the coalitional function of a game h as empty values. All concepts and results are implemented in the competitiv e analysis of the exchange economies.