Семинар департамента теоретической экономики/Seminar of Department of Theoretical Economics- Д.В.Левандо: Formation of coalition structures as a non-cooperative game 1: theory

Dear colleagues,

 Department of Theoretical Economics of the Faculty of Economy invites you to participate in the seminar that will be held on 13th of December, 2016  at 13.40 p.m. Address: Shabolovka 28/11 -4, room 1302

Working language of the seminar –English

Presenter of the seminar is D.Levando,Assistant professor  of the Department of Theoretical Economics, HSE

Seminar topic: Formation of coalition structures as a non-cooperative game 1: theory

Abstract:

 The paper defines a non-cooperative simultaneous finite game  to study coalition structure formation with intra and inter-coalition externalities.  The  game definition embeds a coalition formation mechanism, which includes a maximum coalition size, a set of eligible partitions with coalitions sizes no greater than this  number (which also serves as a restriction for a maximum number of deviators) and coalition structure formation rule. The paper defines a family of nested  non-cooperative games parametrized by a size of a maximum coalition size.

Every  game in the family has an equilibrium in mixed strategies. The equilibrium encompasses intra and inter group externalities, what makes it different from Shapley value. Presence of individual payoff allocation  makes it different from a strong Nash, coalition-proof equilibrium,  and some  other equilibrium concepts. The accompanying  papers demonstrate applications of the proposed toolkit.

 We look forward to seeing you.