Nonemptiness of the Core: Low Multidimensional Decisions Spaces and One-Dimensional Preferences
AbstractWe 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 InfoPaper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number 96-09.
Length: 12 pages
Date of creation: 1996
Date of revision:
Other versions of this item:
- Demange, Gabrielle & Guesnerie, Roger, 1997. "Non-emptiness of the Core: low multi-dimensional decisions spaces and one-dimensional preferences," Research in Economics, Elsevier, vol. 51(1), pages 7-17, April.
- D10 - Microeconomics - - Household Behavior - - - General
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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- 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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