Coalitions with Limited Coordination

Research output: Contribution to journalArticlepeer-review


We study economies endowed with a market structure, where coalitions can
form within each market but have no enforcement possibilities across markets. A standard cooperative game cannot be dened in this case. We develop a certain equilibrium notion which ties together the cores of the dierent markets. We provide an existence result and an application to economies with asymmetric information.
Original languageEnglish
JournalEconomic Theory
Early online date18 Aug 2020
Publication statusE-pub ahead of print - 18 Aug 2020


  • core
  • multiple proposals
  • incomplete coordination


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