{"title":"Stable outcomes in simple cooperative games","authors":"Gabrielle Demange","doi":"10.1016/j.jmateco.2024.102960","DOIUrl":null,"url":null,"abstract":"<div><p>In a cooperative game, coalitions are the fundamental behavioral units. Stable outcomes (in the core) are those blocked by no coalition. This paper has two objectives. First, building on the notion of intermediate preferences indexed by a median graph, I unify and extend previous results on the existence of stable outcomes in simple games. Second, I review how and when the core approach applies in more general settings and may help to predict the stable splitting of a whole group into disjoint coalitions.</p></div>","PeriodicalId":50145,"journal":{"name":"Journal of Mathematical Economics","volume":"111 ","pages":"Article 102960"},"PeriodicalIF":1.0000,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Mathematical Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0304406824000223","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
In a cooperative game, coalitions are the fundamental behavioral units. Stable outcomes (in the core) are those blocked by no coalition. This paper has two objectives. First, building on the notion of intermediate preferences indexed by a median graph, I unify and extend previous results on the existence of stable outcomes in simple games. Second, I review how and when the core approach applies in more general settings and may help to predict the stable splitting of a whole group into disjoint coalitions.
期刊介绍:
The primary objective of the Journal is to provide a forum for work in economic theory which expresses economic ideas using formal mathematical reasoning. For work to add to this primary objective, it is not sufficient that the mathematical reasoning be new and correct. The work must have real economic content. The economic ideas must be interesting and important. These ideas may pertain to any field of economics or any school of economic thought.