The Econometric SocietyEconometrica: Jul 1983, Volume 51, Issue 4
Endogenous Formation of Coalitions
https://doi.org/0012-9682(198307)51:4<1047:EFOC>2.0.CO;2-X
p.
1047-1064
Mordecai Kurz, Sergiu Hart
In order to develop a theory of coalition formation and maintenance, we first establish a valuation criterion for each individual player in a given coalition structure. Various stability concepts based on it are then developed and studied.Log In To View Full Content