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Stable partitions for games with non-transferable utility and externalities

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  • Dominik Karos

    (University of Oxford)

Abstract

I propose a model of coalitional bargaining with claims in order to find solutions for games with non-transferable utility and externalities. I show that, for each such game, payoff configurations exist which will not be renegotiated. In the ordinal game derived from these payoff configurations, a core stable partition can be found, i.e. a partition in which no group of players has an incentive to jointly change their coalitions.

Suggested Citation

  • Dominik Karos, 2016. "Stable partitions for games with non-transferable utility and externalities," International Journal of Game Theory, Springer;Game Theory Society, vol. 45(4), pages 817-838, November.
    • Handle: RePEc:spr:jogath:v:45:y:2016:i:4:d:10.1007_s00182-015-0487-5
    DOI: 10.1007/s00182-015-0487-5
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    References listed on IDEAS

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    More about this item

    Keywords

    Games with non-transferable utility in partition function form; Bargaining with claims; Ordinal games; Core stable partitions;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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