Tops Responsiveness, Strategy-Proofness And Coalition Formation Problems
AbstractThis paper introduces a property over agents' preferences, called Tops Responsiveness Condition. Such a property guarantees that the core in Hedonic Coalition Formation games is not empty. It is also shown that a mechanism exists that selects a stable allocation. It turns out that this mechanism, to be called tops covering, is strategy-proof even if the core is not a singleton. Furthermore, we also find out that the tops covering mechanism is the only strategy-proof mechanism that always selects stable allocations.
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Bibliographic InfoPaper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 2001-11.
Length: 22 pages
Date of creation: Apr 2001
Date of revision:
Publication status: Published by Ivie
Coalition Formation; Stability; Strategy Proofness.;
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