Stable partitions for proportional generalized claims problems
We consider a set of agents who have claims on an endowment that is not large enough to cover all claims. Agents can form coalitions but a minimal coalition size θ is required to have positive coalitional funding that is proportional to the sum of the claims of its members. We analyze the structure of stable partitions when coalition members use well-behaved rules to allocate coalitional endowments, e.g., the well-known constrained equal awards rule (CEA) or the constrained equal losses rule (CEL). For continuous, (strictly) resource monotonic, and consistent rules, stable partitions with (mostly) θ-size coalitions emerge. For CEA and CEL we provide algorithms to construct such a stable partition formed by (mostly) θ-size coalitions.
Authors
- Bettina Klaus (ORCID: https://orcid.org/0000-0001-9140-4729)
- Oihane Gallo (ORCID: https://orcid.org/0000-0001-5399-3753)
Publication Details
- Journal
- Games and Economic Behavior
- Published
- 2024-08-23
- DOI
- https://doi.org/10.1016/j.geb.2024.07.011
- Primary Topic
- Game Theory and Voting Systems
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- European Commission
- European Cooperation in Science and Technology
- Schweizerischer Nationalfonds zur Förderung der Wissenschaftlichen Forschung
- Ministerio de Economía y Competitividad
- European Research Council