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Viable Proposals

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  • Sengupta, Abhijit
  • Sengupta, Kunal

Abstract

The authors propose a solution concept--which they call viable proposals--for games in coalitional form that endogenously determines a coalition structure together with an associated set of payoff configurations as parts of the solution. They show that there is at least one viable proposal for every game; further, whenever a game has a nonempty core, the set of payoff configurations identified by the solution coincides with the core of the game. Finally, given any arbitrary coalition structure and payoff configuration, a viable proposal can be reached in finitely many steps of successive domination even when the core of the game is empty. Copyright 1994 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

Suggested Citation

  • Sengupta, Abhijit & Sengupta, Kunal, 1994. "Viable Proposals," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 347-359, May.
  • Handle: RePEc:ier:iecrev:v:35:y:1994:i:2:p:347-59
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    Cited by:

    1. Stef Tijs & Anne van den Nouweland & Bhaskar Dutta, 1998. "Link formation in cooperative situations," International Journal of Game Theory, Springer;Game Theory Society, vol. 27(2), pages 245-256.
    2. Herings, P. Jean-Jacques & Mauleon, Ana & Vannetelbosch, Vincent, 2009. "Farsightedly stable networks," Games and Economic Behavior, Elsevier, vol. 67(2), pages 526-541, November.
    3. Koczy, Laszlo A., 2006. "The core can be accessed with a bounded number of blocks," Journal of Mathematical Economics, Elsevier, vol. 43(1), pages 56-64, December.
    4. Koczy, Laszlo A. & Lauwers, Luc, 2007. "The minimal dominant set is a non-empty core-extension," Games and Economic Behavior, Elsevier, vol. 61(2), pages 277-298, November.
    5. repec:spr:compst:v:78:y:2013:i:2:p:187-202 is not listed on IDEAS
    6. Cesco, Juan Carlos, 2008. "A general characterization for non-balanced games in terms of U-cycles," European Journal of Operational Research, Elsevier, vol. 191(2), pages 409-415, December.
    7. Koczy, Laszlo A. & Lauwers, Luc, 2004. "The coalition structure core is accessible," Games and Economic Behavior, Elsevier, vol. 48(1), pages 86-93, July.
    8. Kóczy Á., László, 2006. "A Neumann-féle játékelmélet
      [Neumanns game theory]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 31-45.
    9. Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2011. "On the number of blocks required to access the coalition structure core," MPRA Paper 29755, University Library of Munich, Germany.
    10. Sylvain Béal & Eric Rémila & Philippe Solal, 2013. "Accessibility and stability of the coalition structure core," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 78(2), pages 187-202, October.
    11. Yang, Yi-You, 2011. "Accessible outcomes versus absorbing outcomes," Mathematical Social Sciences, Elsevier, vol. 62(1), pages 65-70, July.

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