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The Endogenous Formation of Economic Coalitions

The Fondazione Eni Enrico Mattei Series on Economics, the Environment and Sustainable Development

Edited by Carlo Carraro
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 26th Jun 2003
Dimensions: w 234mm h 156mm d 20mm
Weight: 558g
ISBN-10: 184376265X
ISBN-13: 9781843762652
Barcode No: 9781843762652
Synopsis
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.

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