The Endogenous Formation of Economic Coalitions
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The Endogenous Formation of Economic Coalitions

9781843762652 Edward Elgar Publishing
Edited by Carlo Carraro, President, European Association of Environmental and Resource Economists (EAERE) and President Emeritus, Ca'' Foscari University of Venice, Italy
Publication Date: 2003 ISBN: 978 1 84376 265 2 Extent: 264 pp
This important book, written by some of the leading scholars in the field, provides a comprehensive overview of recent advances in coalition theory and presents both the latest theoretical developments and novel applications in the field of economics.

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This important book, written by some of the leading scholars in the field, provides a comprehensive overview of recent advances in coalition theory and presents both the latest theoretical developments and novel applications in the field of economics.

The authors demonstrate the many uses of coalition theory and its ability to address a whole host of complex economic problems, such as the provision of global public goods, the adoption of co-operative R&D strategies and the emergence of sovereign states. By highlighting important game-theoretic results they are able to compare and contrast the effectiveness of different approaches.

Some of the specific topics addressed include:

• advances in the theory of large co-operative games
• non co-operative models of coalition formation
• a survey of the partition function in the formation of coalitions
• farsightedness in coalition formation
• coalition stability
• coalition formation in industrial economics, trade theory, environmental economics, public finance.

This essential study of recent theories of coalition and group formation will arm the reader with a new set of tools with which to analyse a variety of problematic economic issues. It will prove invaluable to economists, ecologists, and political and social scientists.
Contributors
Contributors: F. Bloch, C. Carraro, M. Finus, A. Kovalenkov, C. Marchiori, M. Mariotti, B. Rundshagen, M. Wooders, L. Xue, S.-S. Yi
Contents
Contents: Introduction 1. Advances in the Theory of Large Cooperative Games and Applications to Club Theory: The Side Payments Case 2. Non-cooperative Models of Coalition Formation in Games with Spillovers 3. Endogenous Formation of Economic Coalitions: A Survey on the Partition Function Approach 4. Farsightedness in Coalition Formation 5. Stable Coalitions 6. Endogenous Coalition Formation in Global Pollution Control: A Partition Function Approach Index
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