Bargaining sets with small coalitions

DOI10.1007/BF01242846MaRDI QIDQ1322444zbMATH OpenOpenAlexFDO

Authors Ulla Schjødt, Birgitte Sloth

Publication date 9 June 1994

Published in International Journal of Game Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01242846

zbMATH Keywords

bargaining setglobal bargaining setlarge atomless economieslocal bargaining set

Mathematics Subject Classification ID

Games with infinitely many players (91A07) Cooperative games (91A12)

Review text

We study two alternative definitions of the bargaining set in large (atomless) economies; the local bargaining set by Mas-Colell (1989) and the global bargaining set by Vind (1992). We alter these definitions to limit the size of the permitted size of the involved coalitions. It turns out that the local bargaining set becomes very large, whereas the global bargaining set is unaltered.

Recommendations

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Cites work

• An equivalence theorem for a bargaining set
• Edgeworth-Allocations in an Exchange Economy with Many Traders
• scientific article; zbMATH DE number 3214144 (Why is no real title available?)
• Markets with a Continuum of Traders
• Two characterizations of bargaining sets

Cited in

(8)

• Bargaining sets in cooperative games with limited communication
• Generalized coalitions and bargaining sets
• On restricted bargaining sets
• The bargaining set and coalition formation
• The Walrasian objection mechanism and Mas-Colell's bargaining set in economies with many commodities
• Bargaining sets in finite economies
• A note on bargaining sets in atomless economies
• Restricted bargaining sets in a club economy

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