Equilibrium coalitional behavior

Author:

Kimya Mert1

Affiliation:

1. School of Economics, University of Sydney

Abstract

I develop two related solution concepts—equilibrium coalitional behavior and credible equilibrium coalitional behavior—that capture foresight and impose the requirement that each coalition in a sequence of coalitional moves chooses optimally among all its available options. The model does not require, but may use, the apparatus of a dynamic process or a protocol that specifies the negotiation procedure underlying coalition formation. Therefore, it forms a bridge between the non‐cooperative and the cooperative approaches to foresight.

Publisher

The Econometric Society

Subject

General Economics, Econometrics and Finance

Cited by 19 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. The reciprocity set;Journal of Mathematical Economics;2024-06

2. Minimal farsighted instability;International Journal of Game Theory;2024-03-10

3. Local farsightedness in network formation;International Journal of Economic Theory;2024-02-14

4. Stability of alliance networks;Games and Economic Behavior;2023-07

5. The Reciprocity Set;2023

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