Stable sets for exchange economies with interdependent preferences

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2017
Volume: 140
Issue: C
Pages: 267-286

Authors (3)

Graziano, Maria Gabriella (Centro Studi di Economia e Fin...) Meo, Claudia (not in RePEc) Yannelis, Nicholas C. (not in RePEc)

Score contribution per author:

0.673 = (α=2.02 / 3 authors) × 1.0x B-tier

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

Abstract

We introduce the notion of stable sets with externalities and prove its existence. Stable sets provide a successful alternative to core notions of externalities (i.e., α-core, β-core and strong Nash equilibrium), which are typically empty. However, the stable sets do exist in situations where the above core notions are empty.

Technical Details

RePEc Handle
repec:eee:jeborg:v:140:y:2017:i:c:p:267-286
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25