Ana, MAULEON; Vincent, VANNETELBOSCH - Institut de Recherche Économique et Sociale (IRES), … - 2003
We adopt the largest consistent set defined by Chwe (J. of Econ. Theory 63 (1994, 299-235) to predict which coalition …, based on the assumption that players are cautious. For games with positive spillovers, many coalition structures may belong … to the largest consistent set. The grand coalition, which is the efficient coalition structure, always belongs to the …