Games in Coalitional Form

Research output: Chapter in Book/Report/Conference proceedingEntry for encyclopedia/dictionary

Abstract

How should a coalition of cooperating players allocate payoffs to its members? This question arises in a broad range of situations and evokes an equally broad range of issues. For example, it raises technical issues in accounting, if the players are divisions of a corporation, but involves issues of social justice when the context is how people behave in society.

Despite the breadth of possible applications, coalitional game theory offers a unified framework and solutions for addressing such qsts. This article presents some of its major models and proposed solutions.
Original languageEnglish (US)
Title of host publicationThe New Palgrave Dictionary of Economics
EditorsSteven N. Durlauf, Lawrence E. Blume
Place of PublicationHampshire, UK
PublisherPalgrave Macmillan
Edition2nd
ISBN (Print)9780230226388
DOIs
StatePublished - 2008

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