Negotiating the membership
AbstractIn cooperative games in which the players are partitioned into groups, we study the incentives of the members of a group to leave it and become singletons. In this context, we model a non-cooperative mechanism in which each player has to decide whether to stay in his group or to exit and act as a singleton. We show that players, acting myopically, always reach a Nash equilibrium.
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Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 0409003.
Length: 20 pages
Date of creation: 01 Sep 2004
Date of revision:
Note: Type of Document - pdf; pages: 20 . pdf, a4 papersize, prepared from Scientific WorkPlace, figures included
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Cooperative game; coalition structure; Owen value; Nash equilibrium;
Find related papers by JEL classification:
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-09-05 (All new papers)
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