Overlapping coalitions, bargaining and networks

Autor: Messan Agbaglah, Lars Ehlers
Jazyk: angličtina
Rok vydání: 2010
Předmět:
Zdroj: BQGT
Popis: This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect equilibrium and provide an algorithm to compute this equilibrium in the symmetric case. As an application, we establish an interesting link with the formation of networks.
Databáze: OpenAIRE