Gudmundsson, Jens - Nationalekonomiska Institutionen, Ekonomihögskolan - 2013
We characterize the core of the partnership formation problem (Talman and Yang, Journal of Mathematical Economics 47 … sufficient condition for the existence of equilibrium, generalizing known results. We then introduce the partnership …-stable equilibrium, a weakened solution concept in the sense that each equilibrium is also a partnership-stable equilibrium, and find …