Year: 2009
Type: article
Abstract: We propose an abstract approach to coalition formation that focuses on simple merge and split rules transforming partitions of a group of players. We identify conditions under which every iteration of these rules yields a unique partition. The main conceptual tool is a specific notion of a stable partition. The results are parametrized by a preference relation between partitions of a group of players and naturally apply to coalitional TU-games, hedonic games and exchange economy games.
Source: International Game Theory Review
Authors: KRZYSZTOF R. APT, ANDREAS WITZEL
Institutions: Centrum Wiskunde & Informatica, University of Amsterdam
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
Funder: European Commission
OpenAlex ID: W2090939903