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Theories of Coalition Formation

In: Decision Theory and Decision Behaviour

Author

Listed:
  • Anatol Rapoport

Abstract

As we have seen, the main thrust of the theory of cooperative games has been based on the concept of a solution, typically represented by a set of imputations, that is, distributions of some collectively achieved gain among the players. The sum of the payoffs defining an imputation represents the most the players acting as a grand coalition can attain. It follows that the principal concern of this branch of game theory is with conflict resolution. The solution of a game represents, after all, the resolution of the conflicts of interests among the players. In the context of a normative theory, a solution of a game (in the form of an imputation) is rationalized as satisfying certain a priori stated principles of fairness or stability.

Suggested Citation

  • Anatol Rapoport, 1998. "Theories of Coalition Formation," Palgrave Macmillan Books, in: Decision Theory and Decision Behaviour, edition 0, chapter 19, pages 383-393, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37776-9_20
    DOI: 10.1057/9780230377769_20
    as

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