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In coalitional games with side payments, the core predicts which coalitions form and how benefits are shared. The predictions however run into difficulties if the core is empty or if some coalitions benefit from not blocking truthfully. These difficulties are analyzed in games in which an a...
Persistent link: https://www.econbiz.de/10005409343
Persistent link: https://www.econbiz.de/10005066697
The paper investigates the formation of information sharing communities. The environment is characterized by the anonymity of the contributors and users, as on the Web. Furthermore information exchange is limited to simple recommendations. When preferences differ, it is argued that a community...
Persistent link: https://www.econbiz.de/10008551542