A Note on the Impossibility of a Satisfactory Concept of Stability for Coalition Formation Games
In this note we show that no solution to coalition formation games can satisfy a set of axioms that we propose as reasonable. Our result points out that "solutions" to the coalition formation cannot be interpreted as predictions of what would be ìresting pointsî for a game in the way stable coalition structures are usually interpreted.
|Date of creation:||01 Dec 2005|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 34 93 592 1203
Fax: +34 93 542-1223
Web page: http://pareto.uab.cat
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Barbera, Salvador & Gerber, Anke, 2003.
"Corrigendum to "On coalition formation: durable coalition structures": [Mathematical Social Sciences 45 (2003) 185-203],"
Mathematical Social Sciences,
Elsevier, vol. 46(3), pages 355-356, December.
- Barbera, Salvador & Gerber, Anke, 2003. "On coalition formation: durable coalition structures," Mathematical Social Sciences, Elsevier, vol. 45(2), pages 185-203, April.
- Suryapratim Banerjee & Hideo Konishi & Tayfun Sonmez, 1999.
"Core in a Simple Coalition Formation Game,"
Boston College Working Papers in Economics
449, Boston College Department of Economics.
- Licun Xue, 1998. "Coalitional stability under perfect foresight," Economic Theory, Springer, vol. 11(3), pages 603-627.
- Effrosyni Diamantoudi & Licun Xue, .
"Farsighted Stability in Hedonic Games,"
Economics Working Papers
2000-12, School of Economics and Management, University of Aarhus.
- Bogomolnaia, Anna & Jackson, Matthew O., 2002. "The Stability of Hedonic Coalition Structures," Games and Economic Behavior, Elsevier, vol. 38(2), pages 201-230, February.
When requesting a correction, please mention this item's handle: RePEc:aub:autbar:656.05. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Xavier Vila)
If references are entirely missing, you can add them using this form.