# Outside options, component efficiency, and stability

## Author

Listed:
• Casajus, André

## Abstract

In this paper, we introduce a component efficient value for TU games with a coalition structure which reflects the outside options of players within the same structural coalition. It is based on the idea that splitting a coalition should affect players who stay together in the same way. We show that for all TU games there is a coalition structure that is stable with respect to this value.

## Suggested Citation

• Casajus, André, 2009. "Outside options, component efficiency, and stability," Games and Economic Behavior, Elsevier, vol. 65(1), pages 49-61, January.
• Handle: RePEc:eee:gamebe:v:65:y:2009:i:1:p:49-61
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File URL: http://www.sciencedirect.com/science/article/pii/S0899-8256(07)00074-7

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## References listed on IDEAS

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1. Bolger, E M, 1989. "A Set of Axioms for a Value for Partition Function Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 18(1), pages 37-44.
2. Kalyan Chatterjee & Bhaskar Dutia & Debraj Ray & Kunal Sengupta, 2013. "A Noncooperative Theory of Coalitional Bargaining," World Scientific Book Chapters,in: Bargaining in the Shadow of the Market Selected Papers on Bilateral and Multilateral Bargaining, chapter 5, pages 97-111 World Scientific Publishing Co. Pte. Ltd..
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5. Maschler, Michael, 1992. "The bargaining set, kernel, and nucleolus," Handbook of Game Theory with Economic Applications,in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 18, pages 591-667 Elsevier.
6. Nowak, Andrzej S & Radzik, Tadeusz, 1994. "A Solidarity Value for n-Person Transferable Utility Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 23(1), pages 43-48.
7. Kim Hang Pham Do & Henk Norde, 2007. "The Shapley Value For Partition Function Form Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 353-360.
8. Shapley, Lloyd S & Shubik, Martin, 1969. "Pure Competition, Coalitional Power, and Fair Division," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(3), pages 337-362, October.
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## Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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Cited by:

1. Mario Guajardo & Kurt Jörnsten & Mikael Rönnqvist, 2016. "Constructive and blocking power in collaborative transportation," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 38(1), pages 25-50, January.
2. Tobias Hiller, 2015. "The $$\chi$$ χ value and team games," Theory and Decision, Springer, vol. 78(4), pages 539-548, April.
3. Yoshio Kamijo, 2013. "The collective value: a new solution for games with coalition structures," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 21(3), pages 572-589, October.
4. Calvo, Emilio & Gutiérrez, Esther, 2010. "Solidarity in games with a coalition structure," Mathematical Social Sciences, Elsevier, vol. 60(3), pages 196-203, November.
5. Tobias Hiller, 2011. "Effizienz und Stabilität von Zweckverbänden," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 31(1), pages 1-9, June.
6. Tobias Hiller, 2011. "A note on χ-values," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 58(4), pages 433-438, December.
7. repec:gam:jgames:v:9:y:2018:i:1:p:1-:d:124945 is not listed on IDEAS
8. Casajus, André & Tutić, Andreas, 2013. "Nash bargaining, Shapley threats, and outside options," Mathematical Social Sciences, Elsevier, vol. 66(3), pages 262-267.
9. Elena Parilina & Artem Sedakov, 2016. "Stable Cooperation in a Game with a Major Player," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 18(02), pages 1-20, June.
10. Hiller, Tobias, 2017. "Quantitative overeducation and cooperative game theory," Economics Letters, Elsevier, vol. 152(C), pages 36-40.

### Keywords

TU game Partition function form game Outside option Splitting Coalition structure Stability;

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