IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Dynamic Farsighted Stability

  • Hannu Vartiainen

    ()

    (Department of Economics, Turku School of Economics)

We study farsighted stability under the assumption that coalitions may condition actions on the history of the play. vNM stable set over possible play paths is defined with respect to the indirect dominance relation. We show that such dynamic stable set always exists. It is characterized by a generalization of the ultimate uncovered set. In unbounded agenda setting context, the dynamic stable set implements only efficient outcomes if active coalitions form a majority.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.ace-economics.fi/kuvat/dp022.pdf
Download Restriction: no

Paper provided by Aboa Centre for Economics in its series Discussion Papers with number 22.

as
in new window

Length: 20
Date of creation: Sep 2007
Date of revision:
Handle: RePEc:tkk:dpaper:dp22
Contact details of provider: Postal: Rehtorinpellonkatu 3, FIN-20500 TURKU
Phone: +358 2 333 51
Web page: http://ace-economics.fi

More information through EDIRC

References listed on IDEAS
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.:

as in new window
  1. Hideo Konishi & Debraj Ray, 2000. "Coalition Formation as a Dynamic Process," Boston College Working Papers in Economics 478, Boston College Department of Economics, revised 15 Apr 2002.
  2. Salvador Barberà & Anke Gerber, 2005. "A Note on the Impossibility of a Satisfactory Concept of Stability for Coalition Formation Games," Working Papers 248, Barcelona Graduate School of Economics.
  3. Samir Kamat & Frank Page & Myrna Wooders, 2004. "Networks and Farsighted Stability," Econometric Society 2004 North American Winter Meetings 561, Econometric Society.
  4. Effrosyni Diamantoudi & Licun Xue, . "Coalitions, Agreements and Efficiency," Economics Working Papers 2002-9, School of Economics and Management, University of Aarhus.
  5. Effrosyni Diamantoudi & Licun Xue, 2003. "Farsighted stability in hedonic games," Social Choice and Welfare, Springer, vol. 21(1), pages 39-61, 08.
  6. Dutta, Bhaskar & Jackson, Matthew O & Le Breton, Michel, 2001. "Strategic Candidacy and Voting Procedures," Econometrica, Econometric Society, vol. 69(4), pages 1013-37, July.
  7. Moulin, Herve, 1994. "Social choice," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 31, pages 1091-1125 Elsevier.
  8. Barbera, Salvador & Gerber, Anke, 2003. "On coalition formation: durable coalition structures," Mathematical Social Sciences, Elsevier, vol. 45(2), pages 185-203, April.
  9. Licun Xue, 1998. "Coalitional stability under perfect foresight," Economic Theory, Springer, vol. 11(3), pages 603-627.
  10. Armo Gomes & Philippe Jehiel, 2001. "Dynamic Processes of Social and Economic Interactions: On the Persistence of Inefficiencies," Penn CARESS Working Papers 76ff153ae29996d16c454e473, Penn Economics Department.
  11. Dutta, Bhaskar & Jackson, Matthew O. & Le Breton, Michel, 2002. "Voting by Successive Elimination and Strategic Candidacy," Journal of Economic Theory, Elsevier, vol. 103(1), pages 190-218, March.
  12. Dutta, Bhaskar, 1988. "Covering sets and a new condorcet choice correspondence," Journal of Economic Theory, Elsevier, vol. 44(1), pages 63-80, February.
  13. Hannu Vartiainen, 2007. "Cognitive Equilibrium," Discussion Papers 20, Aboa Centre for Economics.
  14. Effrosyni Diamantoudi & Licun Xue, 2006. "Lucas Counter Example Revisited," Departmental Working Papers 2005-09, McGill University, Department of Economics.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:tkk:dpaper:dp22. 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: (Aleksandra Maslowska)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.