Core Implementation and Increasing Returns to Scale for Cooperation
AbstractIn this paper we analyze a simple non-cooperative bargaining model for coalition formation and payoff distribution for games in coalitional form. We show that under our bargaining regime a cooperative game is core-implementable and if it possesses the property of increasing returns to scale for cooperation. I.e., the game is convex. This offers a characterization of a purely cooperative notion by means of a non-cooperative foundation.
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Bibliographic InfoPaper provided by University of Bonn, Germany in its series Discussion Paper Serie B with number 289.
Date of creation: Sep 1993
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Other versions of this item:
- Moldovanu, Benny & Winter, Eyal, 1994. "Core implementation and increasing returns to scale for cooperation," Journal of Mathematical Economics, Elsevier, vol. 23(6), pages 533-548, November.
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