On convexity in cooperative games with externalities

B-Tier
Journal: Economic Theory
Year: 2022
Volume: 74
Issue: 1
Pages: 265-292

Authors (4)

J. M. Alonso-Meijide (not in RePEc) M. Álvarez-Mozos (Universitat de Barcelona) M. G. Fiestras-Janeiro (not in RePEc) A. Jiménez-Losada (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

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

Abstract

Abstract We introduce new notions of superadditivity and convexity for games with coalitional externalities. We show parallel results to the classic ones for transferable utility games without externalities. In superadditive games the grand coalition is the most efficient organization of agents. The convexity of a game is equivalent to having non decreasing contributions to larger embedded coalitions. We also see that convex games can only have negative externalities.

Technical Details

RePEc Handle
repec:spr:joecth:v:74:y:2022:i:1:d:10.1007_s00199-021-01371-8
Journal Field
Theory
Author Count
4
Added to Database
2026-01-24