A class of cooperative games is introduced which arises from situations in which a set of agents is hierarchically structured and where potential individual economic abilities interfere with the behavioristic rules induced by the organization structure.These games form a cone generated by a specific class of unanimity games, namely those based on coalitions called peer groups. Different economic situations like auctions, communication situations, sequencing situations and flow situations are related to peer group games.For peer group games classical solution concepts have nice properties.
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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number
2000-117.
Find related papers by JEL classification: C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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