Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jul, 1983, Volume 51, Issue 4

Endogenous Formation of Coalitions<1047:EFOC>2.0.CO;2-X
p. 1047-1064

Mordecai Kurz, Sergiu Hart

In order to develop a theory of coalition formation and maintenance, we first establish a valuation criterion for each individual player in a given coalition structure. Various stability concepts based on it are then developed and studied.

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