Farsighted Coalitional Stability
Farsighted Coalitional Stability
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DOI:
10.1006/jeth.1994.1044
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发表时间:
1994-08
影响因子:
1.6
通讯作者:
M. Chwe
中科院分区:
文献类型:
--
作者:
M. Chwe
I define the largest consistent set, a solution concept which applies to situations in which coalitions freely form but cannot make binding contracts, act publicly, and are fully ``farsighted'' in that a coalition considers the possibility that once it acts, another coalition might react, a third coalition might in turn react, and so on, without limit. I establish weak nonemptiness conditions and apply it to strategic and coalitional form games and majority rule voting. I argue that it improves on the von Neumann- Morgenstern stable set as it is usually defined but is consistent with a generalization of the stable set as in the theory of social situations.