A characterization of absorbing sets in coalition formation games

B-Tier
Journal: Games and Economic Behavior
Year: 2024
Volume: 148
Issue: C
Pages: 1-22

Authors (3)

Bonifacio, A.G. (Universidad Nacional de San Lu...) Inarra, E. (not in RePEc) Neme, P. (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Given a standard myopic process in a coalition formation game, an absorbing set is a minimal collection of coalition structures that is never left once entered through this process. Absorbing sets are an important solution concept in coalition formation games, but they have drawbacks: they can be large and hard to obtain. In this paper, we characterize an absorbing set in terms of a collection consisting of a small number of sets of coalitions that we refer to as a “reduced form” of a game. We apply our characterization to study convergence to stability in several economic environments.

Technical Details

RePEc Handle
repec:eee:gamebe:v:148:y:2024:i:c:p:1-22
Journal Field
Theory
Author Count
3
Added to Database
2026-01-24