A Game-Theoretic Perspective on Coalition Formation

Debraj Ray author

Format:Hardback

Publisher:Oxford University Press

Published:1st Nov '07

Currently unavailable, and unfortunately no date known when it will be back

A Game-Theoretic Perspective on Coalition Formation cover

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. The formation of coalitions to achieve both collaborative and competitive goals is a phenomenon we see all around us. The list is long and varied: production cartels, political lobbies, customs unions, environmental coalitions, and ethnic alliances are just a few everyday instances. Drawing upon and extending his inaugural Lipsey Lectures at the University of Essex, Debraj Ray looks at coalition formation from the perspective of game theory. How are agreements determined? Which coalitions will form? And are such agreements invariably efficient from a social perspective? Ray brings together developments in both cooperative and noncooperative game theory to study the analytics of coalition formation and binding agreements. This book concentrates on pure theory, but discusses several potential applications, such as oligopoly and the provision of public goods.

beautifully written should be required reading for any young economic theorist * B. Douglas Bernheim, Edward Ames Edmonds Professor of Economics, Stanford University *
A must for anyone who wishes to discover the treasures hidden within the cooperative approach. * Ariel Rubinstein, Professor of Economics, Tel Aviv University and New York University *
Ray's substantial accomplishments in this area will inspire researchers and students alike. * Robert Wilson, Adams Distinguished Professor of Management, Emeritus, Stanford Graduate School of Business *
a masterful account * Dilip Abreu, Edward E. Matthews, Class of 1953, Professor of Finance and Professor of Economics *

ISBN: 9780199207954

Dimensions: 242mm x 163mm x 25mm

Weight: 655g

336 pages