The demand commitment bargaining and snowballing cooperation
type: Item
instance of: scholarly article
title: The demand commitment bargaining and snowballing cooperation
zbMATH Open document ID: 0821.90143
DOI: 10.1007/BF01221203
author: Eyal Winter
published in: Economic Theory
publication date: 1995-01-05T00:00:00Z
review text: This paper deals with a coalition game model with sequential demands and increasing cooperation readiness (the snowball effect), where the payoff units tend to zero. The main results show that in such games the equilibrium payoff distribution tends to the Shapley value. To derive this result the concepts of strategic equilibria and subgame consistency are used. The general results are applied to the problem of public good consumption.
reviewed by: Milan Mareš
Mathematics Subject Classification ID: 91A12
zbMATH DE Number: 707343
zbMATH Keywords: sequential demands
zbMATH Keywords: increasing cooperation readiness
zbMATH Keywords: Shapley value
zbMATH Keywords: strategic equilibria
zbMATH Keywords: subgame consistency
zbMATH Keywords: public good consumption
MaRDI profile type: Publication
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full work available at URL: https://doi.org/10.1007/bf01221203
OpenAlex ID: W1978360378
description: scientific article; zbMATH DE number 707343