Bargaining, coalitions and competition

B-Tier
Journal: Economic Theory
Year: 2000
Volume: 15
Issue: 2
Pages: 279-296

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

We study a Gale-like matching model in a large exchange economy, in which trade takes place through non-cooperative bargaining in coalitions of finite size. Under essentially the same conditions of core equivalence, we show that the strategic equilibrium outcomes of our model coincide with the Walrasian allocations of the economy. Our method of proof makes use of the theory of the core. With respect to previous work, our positive implementation result applies to a substantially larger class of economies: the model relaxes differentiability and convexity of preferences, and also admits an arbitrary number of divisible and indivisible goods. Copyright Springer-Verlag Berlin Heidelberg 2000

Technical Details

RePEc Handle
repec:spr:joecth:v:15:y:2000:i:2:p:279-296
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25