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Accession Games: A Dynamic Per-Member Partition Function Aapproach

  • László Á. Kóczy

    (Katholieke Unversiteit Leuven)

In this paper we define and solve the accession game, a dynamic game containing a union and a set of applicants with a per-member partition function satisfying the conditions of Yi [17] to include negative externalities. The solution gives an equilibrium partition of the players as well as, after Morelli and Penelle [12], the optimal path, a subgame-perfect sequence of partitions, where each player maximises the present value of its payo.s subject to others’ moves. While this game can be applied in general our motivation was to model the ongoing extensions of the European Union.

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File URL: http://128.118.178.162/eps/game/papers/0111/0111002.pdf
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Paper provided by EconWPA in its series Game Theory and Information with number 0111002.

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Length: 15 pages
Date of creation: 21 Nov 2001
Date of revision:
Handle: RePEc:wpa:wuwpga:0111002
Note: Type of Document - AMS-LaTeX; prepared on IBM PC - PC-TEX; to print on PostScript; pages: 15; figures: none
Contact details of provider: Web page: http://128.118.178.162

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  1. MORELLI, Massimo & PENELLE, Philippe, 1997. "Economic integration as a partition function game," CORE Discussion Papers 1997085, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Bennett, E. & van Damme, E.E.C., 1990. "Demand commitment bargaining : The case of apex games," Discussion Paper 1990-62, Tilburg University, Center for Economic Research.
  3. Bernheim, B. Douglas & Peleg, Bezalel & Whinston, Michael D., 1987. "Coalition-Proof Nash Equilibria I. Concepts," Journal of Economic Theory, Elsevier, vol. 42(1), pages 1-12, June.
  4. Ray, D. & Vohra, R., 1993. "Equilibrium Binding Agreements," Papers 21, Boston University - Department of Economics.
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