Subgame Perfect Coalition Formation (Dynamic Games and Applications)
Abstract
We analyze a dynamic coalition formation game of perfect information
where players can each make a (finite) number of offers to other players to form
coalitions. We show that there is a class of no-delay subgame perfect equilibria where
the outcomes are individually rational and Pareto optimal, and we provide sufficient
conditions for equilibrium to implement core coalition structures.
Citation
Leo, Greg, Eugene Vorobeychik and Myrna Wooders, Subgame Perfect Coalition Formation; Pareto Optimality, Individual Rationality, and Matching Soulmates
Paper
Subgame Perfect Coalition Formation; Pareto Optimality, Individual Rationality, and Matching Soulmates