Ray, Debraj; Vohra, Rajiv - In: Handbook of game theory with economic applications : …, (pp. 239-326). 2015
This chapter surveys a sizable and growing literature on coalition formation. We refer to theories in which one or more … payoffs at each date according to the coalition structure prevailing at the time. We use this model to nest two broad … approaches to coalition formation, one based on cooperative game theory, the other based on noncooperative bargaining. Three …
