Econometrica: Jan 2019, Volume 87, Issue 1

The Myopic Stable Set for Social Environments

https://doi.org/10.3982/ECTA14954
p. 111-138

Thomas Demuynck, P. Jean‐Jacques Herings, Riccardo D. Saulle, Christian Seel

We introduce a new solution concept for models of coalition formation, called the myopic stable set (MSS). The MSS is defined for a general class of social environments and allows for an infinite state space. An MSS exists and, under minor continuity assumptions, it is also unique.


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Supplement to "The Myopic Stable Set for Social Environments"

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