A Note on the Impossibility of a Satisfactory Concept of Stability for Coalition Formation Games

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Auteur(s)

Barberà, Salvador

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Description

In this note we show that no solution to coalition formation games can satisfy a set of axioms that we propose as reasonable. Our result points out that “solutions” to the coalition formation cannot be interpreted as predictions of what would be “resting points” for a game in the way stable coalition structures are usually interpreted.

Langue

English

Date

2005

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