Citation:
Winter, B. M., & Eyal, . (1992). Core Implementation and Increasing Returns to Scale for Cooperation. Discussion Papers. presented at the 12, Journal of Mathematical Economics 23 (1994), 533-548. Retrieved from '
Abstract:
In this paper we analyze a simple non-cooperative bargaining model for coalition formation and payoff distribution in games with coalition form. We show that under our bargaining regime a cooperative game is core implementable if and only if it possesses the property of increasing returns to scale for cooperation. Namely, the game is convex. This offers a characterization of a purely cooperative notion by means of its non-cooperative foundations.