. Next, we propose a method to compute the limit invariant distribution of the dynamic recontracting process. Furthermore, we … discuss how the limit invariant distribution is inuenced by the relative coalitional stability and accessibility of the …

.Next, we propose a method to compute the limit invariant distribution of the dynamic recontracting process. The limit invariant … final allocations. We provide various examples to demonstrate how the limit invariant distribution discriminates among … distribution exploits the interplay of coalitional stability and accessibility that determines a probability distribution over …