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- W3021594911 abstract "This paper reinterprets the gamma-core (Chander and Tulkens (1995, 1997)) and justifies it as well as its prediction that the efficient coalition structure is stable in terms of the coalition formation theory. It is assumed that coalitions can freely merge or break apart, are farsighted (that is, it is the final and not the immediate payoffs that matter to the coalitions) and a coalition may deviate if and only if it stands to gain from it. It is then shown that subsequent to a deviation by a coalition, the nonmembers will have incentives to break apart into singletons, as is assumed in the definition of the gamma-characteristic function, and that the grand coalition is the only stable coalition structure." @default.
- W3021594911 created "2020-05-13" @default.
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- W3021594911 date "2004-01-01" @default.
- W3021594911 modified "2023-09-24" @default.
- W3021594911 title "The gamma-core and coalition formation" @default.
- W3021594911 hasPublicationYear "2004" @default.
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