Extensive Form Games with Coalitional Actions
AbstractI introduce a model of extensive form games with coalitional actions, which provides a formal framework for analysing situations in which coalitions of players may take joint actions sequentially. I present an equilibrium concept that generalizes subgame-perfect equilibrium, and is closely related to the core. The new theory provides insights into the theory of sequential economies.
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Bibliographic InfoPaper provided by Nir Dagan in its series Economic theory and game theory with number 015.
Length: 10 pages
Date of creation: Dec 1995
Date of revision: Jan 1999
Contact details of provider:
Postal: Nir Dagan, Dept. of Economics and Management, Tel-Hai Academic College, Upper Galilee, Israel.
Web page: http://www.nirdagan.com/research/
extensive form games with coalitional actions; backward induction; recontracting equilibrium; core; subgame perfect equilibrium;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
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