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Introduction into the literature of cooperative game theory with special emphasis on dynamic games and the core

Author

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  • Péter Szikora

    (Óbuda University)

Abstract

Cooperative games model situations where the actors can collaborate, can form coalitions. There exist many static models, however models are too simplistic compared to our more complex world. Despite the fact that there have been several experimental studies on coalition formation there are only very few theoretical papers dealing with the problem in a dynamic context. These papers are not only few in number, but the presented concepts are poorly related. Present paper discusses the process of dynamic coalition formation, and gives a basic insight into the mainstream literature of the quest for finding the core

Suggested Citation

  • Péter Szikora, 2013. "Introduction into the literature of cooperative game theory with special emphasis on dynamic games and the core," Proceedings- 11th International Conference on Mangement, Enterprise and Benchmarking (MEB 2013),, Óbuda University, Keleti Faculty of Business and Management.
  • Handle: RePEc:pkk:meb013:273-280
    as

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    References listed on IDEAS

    as
    1. Agastya, Murali, 1999. "Perturbed Adaptive Dynamics in Coalition Form Games," Journal of Economic Theory, Elsevier, vol. 89(2), pages 207-233, December.
    2. Yang, Yi-You, 2012. "On the accessibility of core-extensions," Games and Economic Behavior, Elsevier, vol. 74(2), pages 687-698.
    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. Murali Agastya, 1997. "Adaptive Play in Multiplayer Bargaining Situations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(3), pages 411-426.
    6. Mas-Colell, Andreu, 1989. "An equivalence theorem for a bargaining set," Journal of Mathematical Economics, Elsevier, vol. 18(2), pages 129-139, April.
    7. Yang, Yi-You, 2010. "On the accessibility of the core," Games and Economic Behavior, Elsevier, vol. 69(1), pages 194-199, May.
    8. Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2010. "On the number of blocks required to access the core," MPRA Paper 26578, University Library of Munich, Germany.
    9. Einy, Ezra & Holzman, Ron & Monderer, Dov, 1999. "On the Least Core and the Mas-Colell Bargaining Set," Games and Economic Behavior, Elsevier, vol. 28(2), pages 181-188, August.
    10. Konishi, Hideo & Ray, Debraj, 2003. "Coalition formation as a dynamic process," Journal of Economic Theory, Elsevier, vol. 110(1), pages 1-41, May.
    11. Koczy, Laszlo A. & Lauwers, Luc, 2004. "The coalition structure core is accessible," Games and Economic Behavior, Elsevier, vol. 48(1), pages 86-93, July.
    12. Zhou Lin, 1994. "A New Bargaining Set of an N-Person Game and Endogenous Coalition Formation," Games and Economic Behavior, Elsevier, vol. 6(3), pages 512-526, May.
    13. 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.
    14. Yang, Yi-You, 2011. "Accessible outcomes versus absorbing outcomes," Mathematical Social Sciences, Elsevier, vol. 62(1), pages 65-70, July.
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    More about this item

    Keywords

    game theory; cooperative games; dynamic coalition; equilibrium; core JEL code: C71; C72; C73;
    All these keywords.

    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
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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