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Nonemptiness of the Core: Low Multidimensional Decisions Spaces and One-Dimensional Preferences

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Author Info

  • Demange, G.
  • Guesnerie, R.

Abstract

We consider a Society which as to make a finite dimensional collective decision, and study the "stability" of the public arrangements made in the Society when considering the threats that potential coalitions may generate. We refer for that to the standard cooperative approach based on the concept of Core, and its extension, the stable coalition structures. The present analysis aims at finding conditions with economic appeal that insures the non-emptiness of the Core.

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Bibliographic Info

Paper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number 96-09.

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Length: 12 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:del:abcdef:96-09

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Keywords: POLITICS; HOUSEHOLD;

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Cited by:
  1. Melatos, Mark & Woodland, Alan, 2007. "Endogenous trade bloc formation in an asymmetric world," European Economic Review, Elsevier, vol. 51(4), pages 901-924, May.

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