This paper studies a class of NTU coalition formation games in which every player's payoff depends only on the members of her coalition. We identify four natural conditions on individuals' preferences and show that, under each condition, stable (core) allocations exists.
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Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number
2005-21.
Find related papers by JEL classification: C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
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