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Core Implementation and Increasing Returns to Scale for Cooperation

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Author Info
Moldovanu, Benny
Eyal Winter

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Abstract

In 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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Publisher Info
Paper provided by University of Bonn, Germany in its series Discussion Paper Serie B with number 289.

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Length: pages
Date of creation: Sep 1993
Date of revision:
Handle: RePEc:bon:bonsfb:289

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Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Fax: +49 228 73 9221
Web page: http://www.bgse.uni-bonn.de/index.php?id=517

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  1. Juan Vidal-Puga, 2003. "Implementation of the levels structure value," Game Theory and Information 0303006, EconWPA. [Downloadable!]
  2. Akira Okada & Eyal Winter, 2002. "A Non-cooperative Axiomatization of the Core," Theory and Decision, Springer, vol. 53(1), pages 1-28, August. [Downloadable!] (restricted)
  3. Yuan Ju & David Wettstein, 2009. "Implementing cooperative solution concepts: a generalized bidding approach," Economic Theory, Springer, vol. 39(2), pages 307-330, May. [Downloadable!] (restricted)
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  4. Chen Ying Huang & Tomas Sjostrom, 2005. "Implementation of the Recursive Core for Partition Function Form Games," Economics Working Papers 0052, Institute for Advanced Study, School of Social Science. [Downloadable!]
    Other versions:
  5. Elaine Bennett & William Zame & Michael Maschler, 1994. "A Demand Adjustment Process," UCLA Economics Working Papers 724, UCLA Department of Economics. [Downloadable!]
    Other versions:
  6. Juan Vidal-Puga, 2003. "Bargaining with commitments," Game Theory and Information 0306002, EconWPA. [Downloadable!]
    Other versions:
  7. Brennan Platt, 2009. "Spoilers, blocking coalitions, and the core," Social Choice and Welfare, Springer, vol. 33(3), pages 361-381, September. [Downloadable!] (restricted)
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