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Overlapping coalitions, bargaining and networks

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  • Messan Agbaglah

    (Université de Sherbrooke)

Abstract

We model the formation of coalitions that are not necessarily disjoint. We propose a new bargaining game that yields an overlapping coalition structure as an outcome. Equilibrium does not always exist in pure strategies for such a game, but we show that it always exists with a mild degree of mixed strategies. We derive conditions for a complete duality between networks and overlapping coalitions, and we provide a new rationale for the sequential formation of networks.

Suggested Citation

  • Messan Agbaglah, 2017. "Overlapping coalitions, bargaining and networks," Theory and Decision, Springer, vol. 82(3), pages 435-459, March.
    • Handle: RePEc:kap:theord:v:82:y:2017:i:3:d:10.1007_s11238-016-9574-8
    DOI: 10.1007/s11238-016-9574-8
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    Cited by:

    1. Besner, Manfred, 2022. "The grand surplus value and repeated cooperative cross-games with coalitional collaboration," Journal of Mathematical Economics, Elsevier, vol. 102(C).
    2. Messan Agbaglah, 2014. "A recursive core for cooperative games with overlapping coalitions," Cahiers de recherche 14-07, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.

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    More about this item

    Keywords

    Overlapping coalitions; Network; Bargaining; Cover function game;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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