A Note on the Impossibility of a Satisfactory Concept of Stability for Coalition Formation Games

In this note we show that no solution to coalition formation games can satisfy a set of axioms that we propose as reasonable. Our result points out that "solutions" to the coalition formation cannot be interpreted as predictions of what would be ìresting pointsî for a game in the way stable coalition structures are usually interpreted.

MoreLess

Year of publication:	2005-12-01
Authors:	Barberà, Salvador ; Gerber, Anke
Institutions:	Departament d'Economia i Història Econòmica, Universitat Autònoma de Barcelona
Subject:	Hedonic Game \| Coalition Formation \| Stability

More details

Extent:	application/pdf
Series:	UFAE and IAE Working Papers.
Type of publication:	Book / Working Paper
Notes:	9 pages long
Classification:	C71 - Cooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008584602