In this paper we introduce a strategic form model in which cooperation structures and divisions of the payoffs are determined simultaneously. We analyze the cooperation structures and payoff divisions that result according to several equilibrium concepts. We find that essentially no cycles will result and that a player need not profit from a central position in a cooperation structure.
|Place of Publication||Tilburg|
|Number of pages||31|
|Publication status||Published - 1997|
|Name||CentER Discussion Paper|