Article ; Online: The Two-Stage Game Approach to Coalition Formation
Games, Vol 11, Iss 1, p
Where We Stand and Ways to Go
2020 Volume 3
Abstract: Coalition formation is often analysed in an almost non-cooperative way, as a two-stage game that consists of a first stage comprising membership actions and a second stage with physical actions, such as the provision of a public good. We formalised this ... ...
| Abstract | Coalition formation is often analysed in an almost non-cooperative way, as a two-stage game that consists of a first stage comprising membership actions and a second stage with physical actions, such as the provision of a public good. We formalised this widely used approach for the case where actions are simultaneous in each stage. Herein, we give special attention to the case of a symmetric physical game. Various theoretical results, in particular, for cartel games, are provided. As they are crucial, recent results on the uniqueness of coalitional equilibria of Cournot-like physical games are reconsidered. Various concrete examples are included. Finally, we discuss research strategies to obtain results about equilibrium coalition structures with abstract physical games in terms of qualitative properties of their primitives. |
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| Keywords | binary action game ; cartel game ; cournot-like game ; coalition formation ; equilibrium coalition structure ; potential game ; symmetric game ; two-stage game ; Technology ; T ; Social Sciences ; H |
| Subject code | 330 |
| Language | English |
| Publishing date | 2020-01-01T00:00:00Z |
| Publisher | MDPI AG |
| Document type | Article ; Online |
| Database | BASE - Bielefeld Academic Search Engine (life sciences selection) |
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