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- W4210439503 abstract "We propose a new solution for coalition bargaining problems among n players that can form coalitions c generating heterogenous coalitional values . The players' values vi and probability of coalition formation are given by: where coalition c is chosen only if it maximizes the average gain and . This solution is the strong Markov perfect equilibrium of a non-cooperative coalition bargaining game where players choose simultaneously the coalition they want to join followed by negotiations to split the surplus. The solution does not rely on the specification of a proposer recognition protocol. For majority voting games, the solution exhibits more inequality among the values of large and small parties and a concentrated equilibrium coalition formation distribution." @default.
- W4210439503 created "2022-02-08" @default.
- W4210439503 creator A5052340613 @default.
- W4210439503 date "2022-03-01" @default.
- W4210439503 modified "2023-10-18" @default.
- W4210439503 title "Coalitional bargaining games: A new concept of value and coalition formation" @default.
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- W4210439503 doi "https://doi.org/10.1016/j.geb.2022.01.010" @default.
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