Sequential coalition formation and the core in the presence of externalities

B-Tier
Journal: Games and Economic Behavior
Year: 2009
Volume: 66
Issue: 1
Pages: 559-565

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

The sequential coalition formation model of Bloch to solve cooperative games with externalities exhibits some anomalies when related to classical concepts [Bloch, F., 1996. Sequential formation of coalitions in games with externalities and fixed payoff division. Games Econ. Behav. 14, 90-123]. We elaborate on these problems, define a modification of Bloch's model and show that its order-independent equilibria coincide with the (pessimistic) recursive core [Kóczy, L.Á., 2007. A recursive core for partition function form games. Theory Dec. 63, 41-51].

Technical Details

RePEc Handle
repec:eee:gamebe:v:66:y:2009:i:1:p:559-565
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25