On the existence of a cooperative solution for a coalitional game with externalities
AbstractThis paper analyzes a game in coalitional form that is derived from a simple economy with multilateral externalities. Following Chander and Tulkens (1997) we assume that agents react to a blocking coalition by choosing individual best reply strategies. A non-empty core of this game is established by showing that the game is balanced. The proof relies only on standard convexity assumptions and, therefore, substantially generalizes the results in Chander and Tulkens (1997).
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Bibliographic InfoArticle provided by Springer in its journal International Journal of Game Theory.
Volume (Year): 30 (2001)
Issue (Month): 1 ()
Note: Received June 2000/Revised version March 2001
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Other versions of this item:
- Helm, Carsten, 2001. "On the existence of a cooperative solution for a coalitional game with externalities," Publications of Darmstadt Technical University, Institute of Economics (VWL) 33633, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
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- CHANDER, Parkash, 2003.
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- Aymeric Lardon, 2012. "The γ-core in Cournot oligopoly TU-games with capacity constraints," Theory and Decision, Springer, vol. 72(3), pages 387-411, March.
- Emilio Calvo & Santiago J. Rubio, 2012. "Dynamic Models of International Environmental Agreements: A Differential Game Approach," Discussion Papers in Economic Behaviour 0112, University of Valencia, ERI-CES.
- Beard, Rodney & Mallawaarachchi, Thilak, 2011. "Are international environmental agreements stable ex-post?," MPRA Paper 34303, University Library of Munich, Germany.
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