Coalitional stability with a credibility constraint

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Abstract

Following Chwe (1994) we introduce a similar notion of coalitional stability for proper simple games with the additional desirable property that a coalition moves to an outcome stable with respect to this notion only when the outcome is not dominated by another stable outcome. We call a set of outcomes stable with respect to this notion a credibly consistent set. We examine the issue of the existence and non-emptiness of such sets and investigate their relation to some other solution concepts prevalent in the literature concerning coalitional stability.
Original languageEnglish
Pages (from-to)27-44
Number of pages17
JournalMathematical Social Sciences
Volume43
Issue number1
DOIs
Publication statusPublished - Jan 2002

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