Coalition Formation in Simple Games: The Semistrict Core
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Working paper
Issue number:
2006.072
Publisher:
FEEM
Year:
2006
We consider the class of proper monotonic simple games and study coalition formation when an exogenous share vector and a solution concept are combined to guide the distribution of coalitional worth. Using a multiplicative composite solution, we induce players' preferences over coalitions in a hedonic game, and present conditions under which the semistrict core of the game is nonempty.