Negotiating the membership
In cooperative games in which the players are partitioned into groups, we study the incentives of the members of a group to leave it and become singletons. In this context, we model a non-cooperative mechanism in which each player has to decide whether to stay in his group or to exit and act as a singleton. We show that players, acting myopically, always reach a Nash equilibrium.
|Date of creation:||01 Sep 2004|
|Date of revision:|
|Note:||Type of Document - pdf; pages: 20 . pdf, a4 papersize, prepared from Scientific WorkPlace, figures included|
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References listed on IDEAS
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- Hart, Sergiu & Kurz, Mordecai, 1983. "Endogenous Formation of Coalitions," Econometrica, Econometric Society, vol. 51(4), pages 1047-64, July.
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- repec:cup:cbooks:9780521311830 is not listed on IDEAS
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