Coalition Bargaining in Repeated Games

Arnold Polanski
Arnold Polanski

International Economic Review, pp. 1949-1967, 2016.

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Abstract:

We consider an intertemporal game-theoretic framework in which different coalitions interact repeatedly over time. Both the terms of trade and the endogenous cooperation structure arising in this setup are characterized, in a protocol-free manner, when just three natural conditions are satisfied:(C1) A coalition is formed with positive pr...More

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