The stationary equilibrium of three-person coalitional bargaining games with random proposers: a classification

被引:4
|
作者
Okada, Akira [1 ]
机构
[1] Hitotsubashi Univ, Grad Sch Econ, Tokyo 1868601, Japan
基金
日本学术振兴会;
关键词
Non-cooperative bargaining; Coalitional game; Three-person game; Random proposer; Core; Marginal contribution;
D O I
10.1007/s00182-014-0413-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
We present a classification of all stationary subgame perfect equilibria of the random proposer model for a three-person cooperative game according to the level of efficiency. The efficiency level is characterized by the number of "central" players who join all equilibrium coalitions. The existence of a central player guarantees asymptotic efficiency. The marginal contributions of players to the grand coalition play a critical role in their expected equilibrium payoffs.
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页码:953 / 973
页数:21
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