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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Supplemental Material
Supplement to "The Myopic Stable Set for Social Environments"
This appendix contains material not found within the manuscript.