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Endogenous formation of coalitions with composite goods

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dc.contributor.authorKim, C-
dc.contributor.authorShin, H-
dc.date.available2021-02-22T16:31:20Z-
dc.date.issued2002-12-
dc.identifier.issn0167-7187-
dc.identifier.urihttps://scholarworks.sookmyung.ac.kr/handle/2020.sw.sookmyung/16378-
dc.description.abstractWe construct a model of endogenous formation of coalitions when three goods are necessary for a composite good, and composite goods are substitutes for each other. This analysis extends Economides and Salop's [Journal of Industrial Economics XL (1992) 105] model of composite goods where two goods are necessary. We analyze the welfare implications of coalition structure, and investigate which coalition structure leads to the highest social welfare. The paper investigates whether the most desirable coalition structure represents an equilibrium, and provides a sufficient condition for the socially efficient coalition structure to be a stable Nash coalition structure. (C) 2002 Elsevier Science B.V. All rights reserved.-
dc.format.extent21-
dc.language영어-
dc.language.isoENG-
dc.publisherELSEVIER SCIENCE BV-
dc.titleEndogenous formation of coalitions with composite goods-
dc.typeArticle-
dc.publisher.location네델란드-
dc.identifier.doi10.1016/S0167-7187(02)00037-1-
dc.identifier.scopusid2-s2.0-33746941424-
dc.identifier.wosid000179333900005-
dc.identifier.bibliographicCitationINTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, v.20, no.10, pp 1491 - 1511-
dc.citation.titleINTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION-
dc.citation.volume20-
dc.citation.number10-
dc.citation.startPage1491-
dc.citation.endPage1511-
dc.type.docTypeArticle-
dc.description.isOpenAccessN-
dc.description.journalRegisteredClassscie-
dc.description.journalRegisteredClassscopus-
dc.relation.journalResearchAreaBusiness & Economics-
dc.relation.journalWebOfScienceCategoryEconomics-
dc.subject.keywordPlusEXTERNALITIES-
dc.subject.keywordPlusCOMPETITION-
dc.subject.keywordAuthorcomposite goods-
dc.subject.keywordAuthorstable Nash coalition structure-
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