The two-stage game approach to coalition formation: where we stand and ways to go (Q2221233)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | The two-stage game approach to coalition formation: where we stand and ways to go |
scientific article |
Statements
The two-stage game approach to coalition formation: where we stand and ways to go (English)
0 references
26 January 2021
0 references
Summary: 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.
0 references
binary action game
0 references
cartel game
0 references
Cournot-like game
0 references
coalition formation
0 references
equilibrium coalition structure
0 references
potential game
0 references
symmetric game
0 references
two-stage game
0 references
0 references
0 references