Article ID Journal Published Year Pages File Type
5072476 Games and Economic Behavior 2009 22 Pages PDF
Abstract
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 priori given collection of coalitions can form, as the collection of pairs of buyer-seller in an assignment game. The incentive properties of the core and of its selections are investigated in function of the collection. Furthermore the relationships with Vickrey-Clarke-Groves mechanisms are drawn.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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