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Stable partitions for games with non-transferable utility and externalities

Abstract:
I propose a model of coalitional bargaining with claims in order to find solutions for games with non-transferable utility and externalities. I show that, for each such game, payoff configurations exist which will not be renegotiated. In the ordinal game derived from these payoff configurations, a core stable partition can be found, i.e. a partition in which no group of players has an incentive to jointly change their coalitions.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1007/s00182-015-0487-5

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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Role:
Author


Publisher:
Springer Berlin Heidelberg
Journal:
International Journal of Game Theory More from this journal
Volume:
45
Issue:
4
Pages:
817–838
Publication date:
2015-08-04
Acceptance date:
2015-07-27
DOI:
EISSN:
1432-1270
ISSN:
0020-7276


Language:
English
Keywords:
Pubs id:
1599270
UUID:
uuid:e835d423-f3fc-40cd-862a-1b4b5df7a861
Local pid:
pubs:1599270
Deposit date:
2015-09-14
ARK identifier:

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